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Technology Stocks : Apple Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Sr K who wrote (92005)	2/15/2010 3:36:43 PM
From: Win-Lose-Draw	Respond to of 213173

Not sure what you're referring to. Apple has done ~60x in 12 years. That's an annualized gain of just under 40%. I trust it is not a controversial statement to say such growth is not even theoretically sustainable from current levels. Given that AAPL is clearly much closer to a value-top than a value-bottom, it is perfectly reasonable to say Apple's best days as a tech/growth stock are behind it. But that does not mean AAPL is a bad stock or that the stock has topped or any of a number of other cataclysmic statements being bandied about. EDIT: wait, it's less than that, AAPL was first up here 2 years ago. 60x in 10 years is 45% annualized. Wow.