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ASimEE

07/22/13 11:38 AM

#99677 RE: Steve Nix #99676

Its much easier for small emerging companies to grow faster than a giant like AAPL. Once their technology is proven, you can bet the big boys will come and buy them out.

Just look at all the tech startups here in the US.. If they make a product/technology that proves successful, they tend to get bought up by the bigger tech companies. Only a handful go from garage startup to Fortune 500.

I still find it insane that the media is saying that Apples profits (consensus estimate around 6.9 billion) are "miserable"... Apple can't grow at startup growth rates forever... It is still making money hand over fist AND has not even started their next product cycle (whenever that may be).

I think AAPL long term outlook is just fine.