“‘If you’re wondering why the stock is volatile,’ tweeted Andreessen Horowitz’ Benedict Evans late last night, ‘this is everything you need to know,'” Philip Elmer-DeWitt reports for Fortune.
“What Evans offers his 82,000 followers is the attached roller-coaster chart of Apple’s 12-month trailing revenue growth from September 2004 to July 2015,” P.E.D. reports. “It’s a picture of the rate at which Apple has been able to grow its business over the past decade or so.”
P.E.D. reports, “‘Interesting it follows a pattern,’ wrote one of Evans’ Twitter followers. ‘It’s not ‘chaotic.””
https://twitter.com/BenedictEvans/status/625198013510610945
Read more in the full article here.
MacDailyNews Take: Because you can make a lot more money off a stock that rollercoasters versus rises according to performance. If Apple were actually rewarded for their performance, the company would have exceeded a trillion-dollar market value by now. There’s a lot of money to be made by successfully creating “concerns” and “doubts” about Apple where there are, in actuality, none of which to speak.
In the last four quarters alone, Apple has posted revenue of $224.33 billion dollars. That’s right around the current market value of Walmart.
Anyone feigning “concern” about Apple Inc. is either crazy or crazy like a fox.
