In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Among other things; that indicates Apple’s business model and income might not be sustainable on a long-term basis. Some major changes to the company such as new products might be needed for long term growth. That justifies experiments like Apple Pay and the Apple car project.
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Apple has become the New York Yankees of tech. No matter how well it does today, all people seem to care about is the past glory. That presents value investors with a great opportunity; because Apple is still a tremendous company and a good investment that is underappreciated. Apple is now one of the best value investments around.
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