Quote:
Originally Posted by PushingMyLuck
Here is why AAPL is screwed.
They've been selling their $600 iPhones via heavy cell provider subsidies.
Well, those subsidies are now tapering off. ATT and T-Mopbile, in particular...
During the next upgrade cycle, do you think people are going to fork out $600 cash for a cell phone? Not when you can get a smartphone for $99 retail with no plan.
I have a significant bearish put ladder portfolio in place.
Over time, AAPL is going to get chopped in half from here.
When it does, I will buy myself a different colored 2015 911 for each day of the week.
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AAPL has been disappointing lately for those long. But Im not ready to give up on them yet. If they dont come out with something significant this year I will change my mind. The last couple of years of phone upgrades have been weak at best. iphone, ipod, tablets- I dont think they are done yet.