iBankCoin
Joined Nov 11, 2007
31,930 Blog Posts

Analyst: $AAPL Could Be Obsolete in a Few Years

LOL…

Apple could be “obsolete” in three years, due to increasing competition and “make-believe” valuations in the technology sector, one analyst told CNBC on Thursday.

The comments came after Apple reported second-quarter net profit of $7.75 billion on Tuesday, up 12 percent from $6.90 billion in the same period last year….”

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