Thursday, April 18, 2013

Apple's Stock Price


We hope all of our readers took our advice last year and sold their iFruit company stock while the price was still sky high. As this is being written their stock price has dropped below $400 for the first time since 2011 and, in our opinion, will continue to drop.

The iFruit company no longer has the same innovative, must-have products they did in the past. All of the buzz that kept people panting in anticipation is gone. Google is now creating the products people are talking about and lusting after.

Can the iFruit company come back? Sure, in business anything is possible. But we feel that Apple without the day-to-day guidance of Steve Jobs will be like MSFT without Bill Gates at the helm. They will just sputter along, going nowhere.

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