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joachim.snellings
Aug 28, 2018 1:58 PM

Don't be fooled this company is overprised Short

Apple Inc.NASDAQ

Description

Considering that Apple was the first company to hitting the 1 trillion $ in market cap (cnbc.com/2018/08/02/apple-hits-1-trillion-in-market-value.html), makes not much sense to me.

Their incompatibility with almost all other universal devices,software and cargers is a profitable feature if the apple products are more a status symbol then really a good price/valuation product.

I'm on the other hand dissent about the incompatibility, like installing a linux on an apple computer with dual boot, forget that option. Also, the fact that they have stopped producing their production of the only product where the were realy having the monopoly compared to other producs, namely the ipod classic. (apparently also not supported anymore by iTunes).

I don't think that the progressive development of their new products is realy that progressive (or is not anymore). I have a better processor in my current phone than the best iPhone and I can enlarge my memory as I please, perfect thats what I want from a phone and if I pay half the price for it, even better. I don't believe that the price/valuation for this stock is justefied. Therefore, I would not hold apple stocks if I had some.

Comment

Comments
jal811
it'll correct eventually but why do people try to "catch the top"
joachim.snellings
@jal811, I'm not shorting. Its just a nice illustration of what kind of fallback that could be expected. There is just a limit of how high you can fly, the air becomes to thin after a while ;)
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