Could Apple's Stock be Done?
Now that Apple Inc (AAPL) is trading at an all-time high out come the naysayers. Just another jerk trying to make a name for himself.
Apple shares are up more than 20% in 2014 while the major indexes are up less than 10%. Bet against Apple now? Go for it.
Worst headline and story I have read today, enjoy -- Apple could be ‘obsolete’ in 3 years: Analyst
Basura via CNBC.com
Apple could be "obsolete" in three years, due to increasing competition and "make-believe" valuations in the technology sector, one analyst told CNBC on Thursday.
The comments came after Apple reported second-quarter net profit of $7.75 billion on Tuesday, up 12 percent from $6.90 billion in the same period last year.
Quarterly revenue came in at $37.4 billion. For the third quarter of this year, the technology giant forecast it would post revenue of between $37 and $40 billion.
Best of the Blogs
Scanning and identifying the best blog entries every hour
- A Crisis Unlike We Have Seen In Human History | ZeroHedge
- Beware What Washington Wishes For - Russia Is Ready For War | ZeroHedge
- Delinquency Rates Surge in 2016, Poised to Head Higher | Financial Sense
- The SEC's Latest Investigative Tactic: Bar Hopping With Wall Street | ZeroHedge
- Cheryl Mills Trying To Block Release Of "Unfair & Misleading" Clinton Deposition Video | ZeroHedge
- Market Recap May 26, 2016 | FundMyMutualFund
- Will The Fed Hike In June? It's All In The Hands Of China Now, Deutsche Bank Explains | ZeroHedge
The most relevant financial news and articles from the Internets
- Here's how marketers are using different mobile... | Business Insider
- 21 actors you probably didn't realize voiced animated '90s movies | Business Insider
- 100 pictures that will change the way you see the world | Business Insider
- The 27 most physically active jobs in America | Business Insider
- A CEO shares 4 strategies for improving your leadership... | Business Insider
- Here's what could sink the US auto boom | Business Insider
- Judge will not reduce $140 million in damages... | Business Insider