APPLE STOCK wrote:
Regardless of the Samsung ruling,
iPhone 5 is not the cause but a symptom of the disease. There is nowhere left for Apple to go and the "status symbol" status of Apple has officially peaked.
Now everyone owns an iPhone and Mac Book and rich snobs will look for the "next thing."
Stock may still rise for a bit, but the tide has begun to turn. Short this stock in the next couple months.
Wow, such an obvious lack of knowledge of finance.
Do you realize with a PE of 16, AAPL is not valued as a growth stock. It is traded as if it were a utility. Yet it still has many markets to grow into nonetheless ehem CHINA. regardless of any growth explosion, aapl is not overvalued like facebook was because thought it should grow. PE of 16 is about right for a mature company. even if aapl only grows very very incrementally, the long term effect is not going to be down.
anyway, i am glad you heard about Iphone5 event and somehow thought that made you an expert