Paul Mampilly Blog | Apple’s New IPhone 8 Looks Like A Dud | Talkmarkets - Page 3
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Paul Mampilly is an American investor and former hedge fund manager. Paul has been featured on CNBC, Fox Business News and Bloomberg TV. He is the founder of the popular investment newsletter Profits Unlimited, where he uses his skills, experience and knowledge as a former Wall ... more

Apple’s New IPhone 8 Looks Like A Dud

Date: Monday, September 25, 2017 10:56 AM EDT

In other words, if they don’t, you’re going to see these gains and more go away. And more people will start choosing Google’s Pixel phone, or Samsung’s or LG’s phones, because they are giving people a great experience.

Now, many people will dismiss my arguments because of the performance of Apple stock recently.

However, my 20-plus years of investing have taught me that the performance of a stock always follows what’s going on in its business.

For me, Apple’s business is innovation, and specifically innovation that gives you an incredible experience while using its products. But in this most important thing, Apple is failing.

Because of that, it’s just a matter of time before Apple stock follows and begins to fall precipitously … destroying the gains that it’s generated over the last decade.

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