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Balance sheet doesnt matter to most traders. Yes, traders, not invsters. Because they will never see any of that cash horde. Until Apple lights the fire and comes up with something new and amazing AAPL will tread water at best. I expect it to take a good lashing for a while. The newest phones were as exciting as a wet towel dropped on the floor. I have stock and Im planning on riding it out. But I also make option trades on AAPL that have done very well.
This iWatch thing might spark a rise in price, if they release it, but I have doubts that it will be a must have item. Watches arent that important anymore. My 20 something sons never had or wanted a watch. But if they succed in making a must-have watch, then I guess there are a lot of naked wrists ready to wear one.
Apple may have peaked. Im starting to believe that they may be just a really good maker of computers, phones, and music players. Sad, but possible.
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