As discussed in another article, on the 2nd of January Apple issued revenue guidance for the fourth quarter of $84 billion, which was below the mean revenue estimate of $91.3 billion. The price fell after the announcment.
Until now the majority of the revenue was derived from the Iphone and Apple has more than fully exploited the revenue from this device. I therefore think that Apple cannot continue to grow a company of this size with such a large rate with just the smartphone as the main source of revenue generation.
Personally I am waiting for some new revolution from Apple which for the time being is not here yet.
I therefore think that the price of APPLE shares will continue to decrease for now and I will only start to buy at these levels:
What is your opinion about apple?
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