TheChasm

AAPL not so hot

Short
BATS:AAPL   Apple Inc
I don't think Apple deserves to be the largest company in the world anymore. Their technicals look like a bubble and so do their fundamentals. Apple has done a great job at building their value and I believe they will retain a lot of value going forward; however, these last 5 years of massive growth have come primarily from 2-3 products (Ipod, Ipad, Iphone) and unless they can continue to be creative they will lose that market share. If you take a look at Apples R&D costs, you'll see that they are increasing excessively every year: appleinsider.com/art...ed-32-in-2013-to-45b
Their revenue growth is not keeping up with their R&D cost growth and they haven't developed anything exciting in the last few years (just upgrades of old products). It is becoming more and more expensive to maintain all of these customers and without an exciting new product to release competitors will eat up their market share in a year or two.
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