Has Apple Topped Out?
When it comes to technology stocks, I don’t think any one firm can match the massive growth in both the company and the share price that Apple Inc. (NASDAQ/AAPL) has experienced over the past decade. Some people might forget, but at one time the market sentiment on Apple was so bad that some people might have even thought it was going to go bankrupt. Obviously, Apple has been able to not only turn things around, but it has also been able to set a new standard for technology stocks.
This is where things get interesting. After being a company that only sold “Mac” computers, Apple introduced the “iPod.” The iPod was not the first MP3 player, but it did revolutionize the industry as a slick product along with the introduction of “iTunes.” The iTunes ecosystem allows Apple to lock users into its operating system, a unique strategy at the time among technology stocks. Right now, the only other ecosystem for mobile devices is “Android” from Google Inc. (NASDAQ/GOOG). Read More http://www.investmentcontrarians.com/stock-market/has-apple-topped-out/786/