“For the last few weeks diehard fans have watched their Apple (AAPL) stock struggle to keep pace with the broad market,” David Nelson blogs for Belpoints.
“Once a leader and must own stock AAPL has become a concern of late especially since disappointing investors with their last quarterly report,” Nelson writes.
“Look I love the company and its products and still own half my position but to deny that growth is slowing is living in denial,” Nelson writes.
MacDailyNews Take: It’s too bad that your love doesn’t extend to punctuation.
Nelson writes, “If for no other reason the law of large numbers comes into play. To grow at just 10% its market cap will increase by $35 Billion per year. That’s more than the entire market capitalization of Starbucks (SBUX) with over 17,000 stores worldwide.”
MacDailyNews Take: Exactly.
More blatant obviousness pervaded with abject stupidity here.
[Thanks to MacDailyNews Reader “Dan K.” for the heads up.]