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yofal

10/05/09 10:57 AM

#82359 RE: princeton12 #82356

Apple's gotten pretty darn huge over the last 10 years - it's been a wild ride. I guess it's unclear whether they can continue to grow and still maintain their current strategy, which seems to ignore anything other than a premium priced market. Is there more market out there?

The recession seems to have mostly affected those that can't afford the premium products. But somedays you wouldn't know it walking around here. There's no shortage of latte swillin', Range Rover drivin' yuppies all hell bent on flipping their real estate for ever more money. House across the street went for just under a million this week - sheesh. But I'm not sure the segment is growing - probably consolidating if anything…

Maybe the stock just needs another good downswing - everyone sell now and we'll all buy in on the dip. Ready? Set…