Lately it is on everyone's lips that Apple's shares have fallen in value on the stock market, we could almost say that in a "scandalous" way, with Values below $ 400 per share, when barely half a year ago they were almost double this value. This situation has alarmed many of the shareholders who have invested their money in the apple company.
The truth is that I still do not explain the reason for this fear at this point, when it is known that the star launches of the company such as the new annual model of the iPhone, makes the total sales of its products rebound giving more value to shares on the stock market, thanks mainly to investors who jump on the wave at the right moment and then go down, wrapping Apple in a bubble that swells and deflates in a continuous, irregular and even dangerous cycle knowing what whimsical that is the market.
I mention this whole matter because due to this situation, Steve Wozniak has come out at a conference in Vilnus, Lithuania to reassure the staff a bit They see how Apple is a moment of doldrums and from which I go on to cite some comments that I found interesting below.
“The share price is a bit low at the moment. Over time I have seen Apple fluctuate a couple of times in a few months. It is very disappointing when you look at the amount of cash that Apple has and that then translates to just one or two hundred dollars a share. So the expectations are a little lower, even than what is expected of Apple.
But where are the profits for the entire industry? They are still with Apple and the benefits are what really matter in the long run. Apple's business model tends to introduce new products, even products that did not exist before, making the best of them so as not to do the same again, since it sometimes makes them seem a little outdated. So I imagine Apple is very well prepared, and working on new things that are going to surprise and impress everyone. "
I think Wozniak deep down still believes in Apple's ability to react to adverse situations and right now, this is clearly one of them.
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Source - Cultofmac