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RE: Has Apple Lost Its Way?

in #technology8 years ago

Well, there is at least one man who has not lost faith in Apple and even bought more and more stakes in 2016, when everyone was saying Apple was on the way down, and this man now stands corrected and his name is: Warren Buffett. https://www.theguardian.com/business/2017/feb/25/warren-buffett-berkshire-hathaway-wall-street-apple-annual-letter

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Markets swing up and down so I wouldn't be too concerned with what people like Buffet do. I am looking at what happens long term.

I find Buffet's purchase to be quite interesting. He is in it for the VERY long term, and tends to invest more in the qualitative side of things these days. I've recently written about this:
https://steemit.com/money/@thefinanceguy/warren-buffet-bets-big-on-apple-and-airlines
https://steemit.com/money/@thefinanceguy/shares-of-apple-close-at-all-time-high-price

Good post though, Jobs and his presentations are irreplaceable.

Yes he tends to bet against convention and be right. I think he may well suspect that Apple will go back to their old ways eventually. Thanks for the link will give it a read when I have a moment. Are you on Twitter BTW - can't remember if I'm following you there or not?

I was going to mention this.