Apple Computer Inc.’s stock NASDAQ:AAPL is up again on Monday. AAPL had a great run up before and after its current earning release. The problem? Apple has been here before. The stock has been seemingly running in circles for a few months. For a stock that looked like it was going straight up for years, this volatility is somewhat new. While APPL is still, and rightfully so, rated a buy… some indicators do not look appealing. 20 – 50 Day MACD Oscillator is actually saying sell.
This isn't good...
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As you can see above the point of support vs the point of resistance is far apart. Normally within a few dollars, this just proves that investors are not so sure on APPL as they once were. Once considered a “buy as many as you can,” stock for at home investors; this volatility will sure make a few question if their money is better someplace else. Institutions are less likely to abandon AAPL so quickly. Whether or not the volatility is tied to Steve Jobs’ health is uncertain.
Investors would be dumb to question Apple’s current state and immediate product pipeline. The real question seems to be what will Apple do next. Will they be able innovate and continue to expand their current product base. The iPhone is here to stay, even with Android growing, the iPhone isn’t about to die… but expand. The iPad while a hot seller, the jury is still out whether or not it will be a fad or not. The iPod was once Apple’s core product, but with smartphones the way they are, there really is no point to an mp3 player. Apple has shown it beat the curve, with the iPhone. The Jury is out, but if the past few years were any indication… something big will come.
Did it occur to Apple’s small investors that edge funds and big investors might have seen through Apple’s PR games and schemes? It is one thing to fool users and individual investors, it is another to keep the lie up for so long.
Apple’s CEO’s arrogance and megalomania both made and doomed Apple as we know it today!
There has been antitrust investigation after antitrust investigation.
There is an ongoing antitrust class suit regarding iTunes for which Steve Jobs was ordered to testify.
His big mouth and anti-competitive strategies united the entire industry against the company.
Apple’s PR department has been flooded the media and blogs (including their own fake blogs and personas) with “smelling good” news and have been spreading lies about competition to cover their own crap.
Take privacy for example, and this is just one of many example for illustration purpose, Apple’s PR flooded the press with how bad Adobe Flash is for our privacy but they forgot to tell you that they do much worst than tracking unidentifiable cookies on websites:
Apple stealthily recording, storing GPS position of iPhone, 3G iPad users:
http://www.bgr.com/2011/04/20/apple-recording-storing-gps-position-of-iphone-3g-ipad-users-video/
FACTS
Apple WILL NOT control mobile application market and therefore will not control mobile market.
Without mobile market dominance, Apple is nothing more than Macintosh is to computers.
Apple as we know it is dying, long live the open web and multi-screen applications, the company’s investors should get over it and stop holding to their infatuated stock like if their lives depends on it!
More about Apple’s schemes and scams on my blog:
http://applesucks.squarespace.com/blog/screw-you-apple-there-will-be-a-quarter-billion-flash-enable.html
Anyone who can’t see through the post above is weak minded and ready to agree with anything anti-Apple.
Is there really no better response to the amazing products that Apple has brought to market than to do this sort of hate talk?
Good luck with that!
Thanks, Lee for calling out a hater and troll. As someone who is, yes holding on to my infatuated AAPL stock (must be love by now, holding for 6 years), the money Apple has made me is not a scheme or scam, just excellent honest business operation.