2 ms·
I'm pretty sure AAPL's selloff has less to do with long term thinking and more with retail investors/hedgies who rode the wave seeing the stock go down and deci
by gfodor 14y ago
I'm pretty sure AAPL's selloff has less to do with long term thinking and more with retail investors/hedgies who rode the wave seeing the stock go down and decide the party's over, it's just time to get out and take profits. Rinse, repeat. AAPL's current valuation is absurdly pessimistic of the company's future prospects.
- swalsh 14y agoI sold my apple stock when I heard about the iPad mini. To me its an indication that there's no more radical innovation at Apple. They're going to try to ride on their past successes. I'm sure some new things will come out in the next few years, and i'm sure they'll make a billion dollars doing it, but they won't have that "Steve jobs" touch that made people want to wait outside in cold weather for days in advance to buy them.