Apple is doomed, says Wall Street Guru Paul Mampilly. The stock has peaked and is on its way down, says Paul Mampilly. But it is so hard to be right about apple when Warren Buffett comes out and buys $20M shares of Apple. Since then the Apple stock has gone up, higher and higher. It seems that people who buy Apple stock are buying because of the memory of Steve Jobs. It is true that Steve Jobs introduced revolutionary products and touched the hearts of millions of people, young and old, with his inventive products. Making a computer that, which once took up whole rooms, now could fit on your small desk. Follow Paul on twitter.
Steve Jobs Rise to Educational Utilty
Paul Mampilly sees that after Steve Jobs died in October 2011, Apple has only tinkered with “models, sizes, and colors,” which doesn’t seem that this is a big deal and it is not new technology. Steve Wozniak, who helped found Apple, said that he didn’t put alot of weight in the addition of the iPhone X, but some customers think that having face recognition is a big thing.
Chromebook Introduces Paradigm Shift For Education
The big game-changer is the Chromebook from Google. Chromebooks are really being sold in schools like fire and it was Apple that used to dominate this market and Google has taken over 58% of the school market. Also, Google has put all word-processing spreadsheets, storage and email in the cloud, where it is available to all. It was thru schools that Steve Jobs worked most to gain a foothold in the market.
Paul “Guru” Mampilly has 20 years of investing in Wall Street he has gone thru major bear and bull markets. In 2008-2008 he managed a private account of stocks as part of the Templeton Foundation Competition, the return on his investment was 76%. Because of the exceptional returns, he was awarded the Templeton Prize.
Frequently he helps his investors gain 300-600% gain on their investments. He is the Senior Editor for Banyan Hill Publishing. He has over 90K subscribers to his briefs that go out to investors: Profits Unlimited, True Momentum, and Extreme Fortune.
Mr. Mampilly’snewsletters offer his subscribers either low-risk investments, high return stocks or stocks with four-figure gains. He has been featured on various media programs: CNBC, Bloomberg TV and Fox News for Business.