zerocool84
Lifer
- Nov 11, 2004
- 36,041
- 472
- 126
I think apple is going to be the next RIM, they are going to keep cranking out the same devices, 1 a year for every category. But then iOS has very little changes on each iteration.
People are growing tired of BB for the same reason. Apple is going to lose ground sooner than later, it will all come down to the apps available, however with the growth of android, apples market share will slowly shrink.
Steve Job is the man, come down when he is still on top.
I expected it AAPL to drop a ton today. Looks like it hasnt dropped at all.
DJIA down 1.4%, AAPL down 1.7%. I would actually consider that following the market. Hardly the drop I was expecting. This is really surprising.
That being said, I hardly see apple in a dire position. In 5 - 10 years maybe, but I doubt anything drastic or game changing will happen to the company over the next 5 years.
We will be $450 Dec 31 2011 and $600 by Dec 31 2012.
BTW, Cook is the most powerful gay man in the industry.
Steve stepping down as CEO wont have much of an impact on apple, Steve dying will have a huge impact on apple as there is no other like him.