burp-up, Yep, Apple, with its new I-phone and new I-pad, looks as if it will have another future excellent quarter. My major holding is Qualcomm one of the companies which is incorporated inside the I-phone, I-pad, Android of Google and other smart technology items. I was able to purchase QCOM a few years ago at $21 per share. My projection: Smart phones and pads will probably max out in 2015 since they are selling World Wide.
Yes, Burp-up, I believe in the capitalist system. But, I am well aware of the negative sides of Capitalism as well. It appears that China, India, and some other poor countries are trying Capitalism as well. However, as we have learned that Capitalism left to itself can self-distruct, ie, Madoff, Wall Street excesses. Therefore, we need government to act as the policeman for protecting the consumers. Otherwise, Capitalistic greed will usurp the needs of the people. IMO, we read of to many examples where greedy capitalistic behavior has self-distructed. |
