|
I think Trump is right. I'm not worried about my AAPL bought at $550 and $510.
It's at $530 right now, if it goes down to $500 or less, I'll probably buy a little more.
I'm only holding 30 shares, so it's not that big of a deal on the upside or downside.
I do think AAPL has some big issues moving forward. The biggest problem I see is the need to continually innovate. That is difficult, and may or may not happen. They introduce something like the iPhone or iPad, but then others basically come out with the same thing, at a much less cost.
I think someone wrote about that, the "good enough" theory. Which to me has a lot of validity. For example, I bought my wife a Google Nexus 7 for Christmas, instead of an iPad mini.
Why? Because it's $199, and it's "good enough." It has a screen and resolution that is as good or better than iPad, and all she'll ever use it for is as a reader, checking email, and occasionally surfing the web.
For her use, it functions exactly the same as an iPad, for roughly half the cost.
I think that's a problem for Apple.
The only way to get around it is to come out with the "next great thing," but that's not easy to do year after year. As an example of that, just look at the iPhone 5.
|