Yes, I know. That’s absurd. And that’s how Wall Street works. What’s really broken with Apple? The company’s inability to surpass overinflated expectations. It’s as simple as that. Almost.
…
Revenue and profits are slowing down. They’re growing slower as a percentage over previous growth rates. Rates. Not actual numbers. Once a company hits $100-billion in annual revenue, growth of 20-percent requires another $20-billion in revenue in just a year. That kind of growth rate is difficult to maintain, regardless of how stellar the finances.
Some smart insights here. Worth a read.
Wrong link
I’d like to read that article Peter, but that appears to be the wrong link.
Until Peter can fix it, here’s the proper link:
http://mac360.com/2013/01/the-obvious-but-hidden-secrets-behind-apples-record-numbers-and-stock-price-crash/
I think this is the corrrect article: http://mac360.com/2013/01/the-obvious-but-hidden-secrets-behind-apples-record-numbers-and-stock-price-crash/
Funny that a 15 year old girl from Brooklyn has a much more astute insight than the throngs of overly paid, obtuse, adult “analysts.”
She’s not 15 years old. She’s a 15 year Mac user.
She’s not 15 years old. Good grief.
Basically since 2008 Mainstreet has
stopped buying Stocks so what is left
is Hedge funds, Mutual Funds, Day Traders.
So they have been manipulating AAPL around
earning time.
The whole point is that when Goldman Sachs says
to buy that means they have bought the stock and are
selling it to their clients for profit not that stock price is going to go up. Same way they and CBOE creating options which
they can manipulate the price so the option buyers won’t
make money either in put or call. This is called Maximum Pain
in the option trader lingo.
If new buyers don’t come and buy AAPL. price has to go down
because there are always people with short positions.
All the Apple fans have bought AAPL in 1997 aren’t going to buy more but they are hoping that some sucker will come to drive the stock higher.
Screwed up the link, guys. Fixed.