4 ms·
Fact is, what goes up must come down eventually, apple has been riding on the back of seriously good innovations for a while and they possibly were overbought.
by shaydoc 14y ago
Fact is, what goes up must come down eventually, apple has been riding on the back of seriously good innovations for a while and they possibly were overbought.
The market gets jittery when it sees a stock to be over bought, no one wants to be last in, like if you bought a house at the top of the boom, so a pull back share value for now is frugal.
Apple's cash may flow freely, but unless they innovate further, they will lose market naturally.
Personally, I think the market expects another innovation akin to iPod, iPhone, iPad.... To me I can't see their next step
But I do hope they have one!