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The bloggers, financial news sites and even the mainstream media need a story to go on, so last year it was Apple. Also analysts need to make a name for themsel
by OGinparadise 14y ago
The bloggers, financial news sites and even the mainstream media need a story to go on, so last year it was Apple. Also analysts need to make a name for themselves so AAPl at $1001 is a sure thing to make it in the news and maybe stay there.
But the media tires so they start the cycle of destroying what they built up and build up a new thing (now it's Google.) When Apple was valued at $600 Billion it was clear that the law of big numbers was going to kick in really soon