Monday, 4 March 2013

The Apple fell on newton, why wouldn't it fall now.

Apple hit a new low today and i can see that many people would be considering taking a position in a stock at $419 when it was once more then $750, but really why? just because a stock was that price once doesn't mean it will be that again, there are companies (CISCO) that deserve to rise to there previous glory value much more then Apple, sure apple has had its moment of high but the industry is leaving it behind, soon there will be new companies taking over completely and there will be nothing apple can do. I've always stayed clear of apple and i will not be jumping on the stock while it plummets  as the title said "the apple fell on newtons head once why wouldn't it again" what goes up must come down and apple has had it's time up, there products don't compare against competitors spec wise and since the loss of Steve jobs apple have become more and more like the titanic on a collision course with an iceberg with no real leader to know what to do. 

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