The Impossible Task of Fixing Apple
Rob Enderle for TGDaily:
Granted, Apple is still one of the most profitable companies in the world, even if it has lost more value in the past several months (nearly $300B) than most corporations are worth.
For example, HP, which is a much larger company, boasts a total market cap of only $43B. Meaning, you could almost buy 8 HPs at its current worth for the amount of value Apple has lost and, as an investor, you’d probably be far happier having invested in HP over the last 6 months than in Apple.
The whole article is nonsense. The reason Apple’s stock price went so high was about the same as why it dropped dramatically; analysts and investors playing games and making guesses while investors winning or losing on their ‘bets’!
Apple isn’t “broken” to get fixed.