“There are two Apples: AAPL, the stock, and Apple, the company,” Neil Cybart writes for Above Avalon. “While it would seem logical that one is merely a reflection of the other, in reality, the two are guided by vastly different parameters. ”
“Over the long run, Apple and AAPL will likely be at odds with each other due to the very nature of Apple’s long-term mission of making products that people love,”Cybart writes. “It is the classic Wall Street vs. Silicon Valley battle, and 2015 was likely just a taste of what is to come. ”
“From a historical perspective, very few companies have been able to do what Apple is striving to do: remain relevant. While companies like Nike and Disney are often used as models for Apple, in reality, they aren’t the best examples. Instead, a company like Sony does a much better job at showing what Apple is trying to avoid: losing sight of the hockey puck and not knowing where it is headed,”Cybart writes. “To accomplish this goal, Apple will need to reinvent itself. If that wasn’t difficult enough to do, to expect Wall Street to get behind Apple and such reinvention is overly optimistic. ”
Much more in the full article – recommended – here.
MacDailyNews Take: As always, Wall Street will get on board and off the AAPL train seemingly at whim. Facts have very little to do with it.