so where are the analysts talking the stock to $1000. Apple have run the ideas well but they are lacking new ones at the end of the day they make a phone, a tablet, a music player and a pc, 4 products we all have. To buy you need incentive, thats whats lacking with the globel paralysis of no new must have. In electronics people are used to more for less every year which is why yo innovate and cost reduce, Last two years , Apple did neither
"Today I view Apple as a huge ship that lacks not only a rudder, but also the forward vision needed to set the direction of the rudder."
And who is "Paul McWilliams"? Did he ever had any vision of building any product and bring it to market? apart from talking ?
"Apple Inc.'s stock price declined nearly 10 percent in after hours trading Wednesday (Jan. 23) after the firm projected sales would decline by more than 20 percent sequentially in the current quarter."
Apple sales had always been cyclic with huge numbers in the holiday quarter and smaller numbers in the quarter after. Same happened last year!!
"Even so, sales were slightly below consensus analysts' expectations."
Have the analysts ever got it right? The analysts forgot to adjust the ,slope, of the linear interpolation curve, ie their main tool of prediction, properly. haha. In the last 10 Qs, the first 7 Qs, the slope was too low.. So Apple beat all their expectations. And the last 3 Qs, they overcorrected the slope and missed it again.
"To say that investors are idiots, really is an unfair dig at idiots."