from Outsider Club:
We don’t have to worry about anyone not hearing this tree fall.
It’s been the darling of analysts and talking heads alike — and rightly so.
For the past 10 years all Apple (NASDAQ: AAPL) has done is rise 1,525%, make its premium i-things sought after the world over, and become the world’s largest company with a market cap of an incredible $700-some billion.
Since the early 1980s the stock has risen over 60,000%.
Just so we’re on the same page… a gain like that is enough — over time — to turn a $2,000 investment into over $1.2 million.
It’s been an unbelievable run.
But over the past year or so, something has changed.
Far from the Tree
There was a time when Apple garnered Star Wars-like brand power, with people camping out the world over to pay a premium price for the latest iPhone.
It appeared Apple’s mastery of controlled obsolescence knew no bounds. But obsolescence, it may learn, is a fickle witch.
When it officially announced what the media had already been speculating and drooling over for months, chatter of the coming dominance of the Apple Watch reached an absolute crescendo.
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