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Originally Posted by widgeon13
What is the rational for that? Just wondering.
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With Steve "The One" Jobs gone and no hints of any disruptive tech in the wings, they're just like any other big tech company. They have more opportunities to fail than they do to succeed.
How's MSFT stock doing these days? INTC? CSCO? All three are absolute giants in their respective industries / market segments. Their profit margins are phenomenal. Yet their stocks have been languishing for years.
A company has to produce "game-changing" tech that fires up the consumer base on a regular basis in order to see the irrational exuberance that AAPL has seen in the past decade.