Paul Mampilly, a stock adviser in the United States, has predicted the future of the Apple stock to be not so good if the company does not do something to change the fading business prospects in the company. Apple has lacked the creativity it once enjoyed under the leadership of Steve Jobs. Steve Jobs introduced new products into the company which made it very popular. It is these revolutionary devices which include the iPod, iPad, and iPad which influenced the business at the company. In the last one decade, the company has been doing well, and the stock prices have continually gone up.
According to investment guru Paul Mampilly, Apple is suffering right now from the inability to keep up with the products which are getting into the market. As other technology companies are introducing new products in the market, Apple is just rebranding the same products. At a time when companies in the technology industry are attracting companies like Google and Amazon which are in top form as far as innovations are concerned, Apple will have a hard time competing with such firms if there is nothing done to get the company to produce a new product. The decline will start, and there won’t be another chance for the company to survive.
$AAPL is doomed. And 2018 is the year where I believe you’ll start to see that this once-great American company has peaked and the Apple stock price is ready to decline. Here’s why . . .#Apple #tech #technology #stocks #stockmarket #banyanhillhttps://t.co/w21fmhLDrS
— Paul Mampilly (@Paul_M_Guru) December 21, 2017
Paul Mampilly is asking investors to take care when purchasing apple stocks. There are high chances that the company will go down in the near future. The fact that they cannot bring a new product in the market will translate to poor sales which will affect the profits of the company. In recent times, the company has been doing well because the company has invested heavily in marketing. However, marketing cannot work forever, at some point the market will reach an optimum point, and the stock prices will go down. According to Paul Mampilly, that time is now. The company cannot go up anymore; it will have to face the consequences of lacking creativity in bringing new products.
About Paul Mampilly
Paul Mampilly is known as a prominent investor and stock adviser. He works for the Banyan Hill as a senior editor in charge of investment editorial work.
Paul Mampilly is an experienced investor who joined the industry in 1991. He has been a hedge fund manager and has a newsletter known as the “Profits Unlimited.” Investors who follow his advice can proudly say that they have benefited from his analysis of various stocks. Interviews with Paul Mampilly
Paul Mampilly’s “Profits Unlimited” newsletter has a subscription of over 60,000 followers. This the medium through which people can know which exact stocks to invest in. Some of the stocks that he has recommended recently are already in deep profits. Paul Mampilly us the winner of the Templeton Foundation Award of 2009. His facebook page