its way too late to consider an "investment" in apple, AKA a long term buy & hold strategy. Reason being is that, at a 500 billion market cap, there is not much upside growth left.
A long term growth holder seeks the "10 bagger" or to sell at 10 times the buy price 30 years down the road. Warren buffet was a genious at picking 10 baggers & sitting on them.
if you got apple in 2005 then you wouldve had a 10 bagger today. Now, apple would need a 5 trillion dollar market cap to achieve such a return. Apple will never sell so much product as to be worth 5 trillion dollars.
you are also facing a company that, as time goes on, grows farther & farther away from the influence of Jobs. An apple engineer is already screaming that the new apple TV interface is one that was
rejected by Jobs.
Right now, apple benefits from short term market leadership in smartphones & tablets. Their outsized market share is unsustainable in such competitive tech sectors. Its just a matter of time that apple settles down as other firms produce the same product for a lot cheaper.
swing trade this bitch for quick returns. dont buy & hold.
