What's going on guys, YoungShkreli in the building
Apple is truly an amazing company. I just read Steve Jobs' biography by Walter Isaacson and it was deeply informing of his character and why Apple will likely never see better days than under him.
Here's the thing about truly revolutionary people: they start and do their own thing.
I don't know about you guys, but those adapters are annoying as all get out. On top of this, what has Apple actually done that was cool since Steve Jobs died?
I remember when the iPod came out, now I'm a young guy, but it was the most amazing invention I had ever witnessed. It was so small and it fit every song you knew onto it. On top of that, it had this beautiful, simple, futuristic look that was characteristic of Apple and Jobs.
I'm not writing this to say I'm bearish on Apple, it's just that I don't know why anyone would really buy it today - it's just not a sexy stock anymore. Nothing interesting seems to be going on. They already have a vast market that simply isn't capable of extreme growth.
In terms of the fundamentals, they offer a decent dividend, have a lot of cash on hand, and aren't trading that high - only about a 16 pe. That said, I don't see where the big rise is coming from and if you look at the chart I've shown you, it's just screaming for downside and I think it's coming in the next recession.
SUMMARY:
I would never suggest shorting Apple, I'm just saying that it probably isn't going to be the best company to have owned in ten years.
Good luck bros,
YoungShkreli
Apple is truly an amazing company. I just read Steve Jobs' biography by Walter Isaacson and it was deeply informing of his character and why Apple will likely never see better days than under him.
Here's the thing about truly revolutionary people: they start and do their own thing.
I don't know about you guys, but those adapters are annoying as all get out. On top of this, what has Apple actually done that was cool since Steve Jobs died?
I remember when the iPod came out, now I'm a young guy, but it was the most amazing invention I had ever witnessed. It was so small and it fit every song you knew onto it. On top of that, it had this beautiful, simple, futuristic look that was characteristic of Apple and Jobs.
I'm not writing this to say I'm bearish on Apple, it's just that I don't know why anyone would really buy it today - it's just not a sexy stock anymore. Nothing interesting seems to be going on. They already have a vast market that simply isn't capable of extreme growth.
In terms of the fundamentals, they offer a decent dividend, have a lot of cash on hand, and aren't trading that high - only about a 16 pe. That said, I don't see where the big rise is coming from and if you look at the chart I've shown you, it's just screaming for downside and I think it's coming in the next recession.
SUMMARY:
I would never suggest shorting Apple, I'm just saying that it probably isn't going to be the best company to have owned in ten years.
Good luck bros,
YoungShkreli