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Technology Stocks : Apple Inc.
AAPL 271.84-0.4%Dec 31 3:59 PM EST
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To: Bill from Wisconsin who wrote (190845)5/27/2016 8:04:50 AM
From: langosta7 Recommendations

Recommended By
AJ Muckenfus
Bill from Wisconsin
david1951
HerbVic
JP Sullivan

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These are fair comments, many of which I happened to coincidentally bring up to my wife earlier this week (she has an interest in Apple as an Iphone and Apple Watch user. She LOVES Apple products).

Part of the problem is that Tim Cook is too pedestrian. I applaud everything he's done in returning value to the shareholders via buybacks and dividends. He's done a workmanship job as CEO in making sure that the thousands of interactions with the supply chain, manufacturing, and customer service go smoothly.

But is that what Apple users REALLY want? They also want a bit of "mojo" in their products, that hip feeling that when they bought Apple products they were on the new frontiers of technology and the CULTURE of technology. That feeling about Apple products went away when Steve Jobs passed. Tim Cook, despite his many management virtues (and he IS a better hands-on CEO than Jobs) can't raise Apple's mojo from the dead. You can see how bland their ads have become, compared to what they were in Steve Jobs day.

So there Apple meanders --- still the most profitable and respected company in the world, but with a stock price that sports a single-digit PE that's more appropriate to a manure hauler, than a market-leading tech company.
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