Apple’s Clash: Rising Stock Price Vs. Declining Company Superiority
Last October, I reviewed Apple’s (AAPL) situation without Steve Jobs and with a rare, under-expectations earnings report. I likened those negative items to strikes one and two, but leaving Apple in the game.
Strike three? I believe it has occurred, not as a single event, but as a combination of Wednesday’s new iPad announcement and some uncharacteristic, growing concerns about Apple’s ability to continue its high profit margin growth. These items add up to the beginning of a decline in Apple’s superiority.
This article is posted on SeekingAlpha.com
