The Asian markets are in the shitter and its near absolute dominance of the high end smartphone market in the US and Europe is complete....the fact is everyone who is willing to sign some unreal soul-selling multi-year contract with horribly high fees to own one has done so.
Latin America/South America and most of the world cant afford the Iphone and will be virtually immovable from Android phones that do just about as much for an 1/8 to 1/4 of the price of an Iphone....only Europe and Asia can afford 800 cell phones and both economies specifically Asia's are in the tank and the European market has already been well exposed to the Iphone (about as much as the US has) in those western and central European countries that can actually afford them.
Aapl will open today at their lowest price in the past 52 weeks ($103)....down 22% from $132 (July 20th) in just the last 5 1/2 months....imo Aapl has simply monopolized the super high-end cell phone market as much as it can be monopolized and 700 billion market valuation for near total dominance is about all that monopolization is possibly worth....is there anyway Aapl breaks the 130 (700 bil valuation and becomes the first trillion dollar company?)...I dont think so. Most android based smartphone manufacturers are struggling to make any profit whatsoever and the likelihood of them switching more 100 phone buyers into 800 phone buyers is slim....its like the likelihood of switchin a 300 TV buyer into a 2400 TV buyer...thats just tough to do this far down the line...unless the Asian economy does some miraculous economy opening up a large less Iphone dominated economy I see no way this stock goes over 130 in the foreseeable future and could easily see in the current global economic crisis it continuing down to 70 or 60 in a year.
They've gone from over 700 bil (132/share) to 580 bil (103/share) valuation in the past 5 1/2 months where do u see Aapl in a year?
What do you think?
Latin America/South America and most of the world cant afford the Iphone and will be virtually immovable from Android phones that do just about as much for an 1/8 to 1/4 of the price of an Iphone....only Europe and Asia can afford 800 cell phones and both economies specifically Asia's are in the tank and the European market has already been well exposed to the Iphone (about as much as the US has) in those western and central European countries that can actually afford them.
Aapl will open today at their lowest price in the past 52 weeks ($103)....down 22% from $132 (July 20th) in just the last 5 1/2 months....imo Aapl has simply monopolized the super high-end cell phone market as much as it can be monopolized and 700 billion market valuation for near total dominance is about all that monopolization is possibly worth....is there anyway Aapl breaks the 130 (700 bil valuation and becomes the first trillion dollar company?)...I dont think so. Most android based smartphone manufacturers are struggling to make any profit whatsoever and the likelihood of them switching more 100 phone buyers into 800 phone buyers is slim....its like the likelihood of switchin a 300 TV buyer into a 2400 TV buyer...thats just tough to do this far down the line...unless the Asian economy does some miraculous economy opening up a large less Iphone dominated economy I see no way this stock goes over 130 in the foreseeable future and could easily see in the current global economic crisis it continuing down to 70 or 60 in a year.
They've gone from over 700 bil (132/share) to 580 bil (103/share) valuation in the past 5 1/2 months where do u see Aapl in a year?
What do you think?
....the upper management of these companies are pillars of morality in the business world all day long while snorting coke off a hookers ass in their multi-million dollar homes every night