- AAPL is down 24.4% from its ATH achieved earlier this year, a significant drop for a stock often touted as a “no-brainer” investment.
- Ironically, BIDU stock has outperformed AAPL year-to-date, even as Chinese ADRs are supposedly finding it tough to regain investor favor given the myriad of challenges.
- AAPL is "more expensive" than GOOG and FB in terms of P/E, P/S, and Price-to-FCF stock valuation metrics.
- In this unforgiving market climate, shareholders would have to be prepared for the gap down in the share price if Apple misses on its earnings - especially for the first time in years.
- Apple's ethical gray areas may come to the fore and its potentially escalating wage and R&D expenses could be damaging as its revenue growth is threatened.
For further details see:
Apple Stock: The 'No-Brainer' Myth Is Broken