Apple’s Incredible Arrogance

I wrote a blog earlier about how the most highly rated analyst said the AAPL phones were too expensive to sell at the price AAPL had listed. Let’s look at the reasoning behind their decision making. When Steve Jobs died he didn’t leave one cent to charity. There has always been the assumption at AAPL that we are better and can charge what we want. It’s not important how we treat our customers because they will always come back. Let’s see how that worked. Since October 13, 2018, AAPL stock has lost 39.1 percent of its value. Out of the S and P 500, 496 stocks are worth less in total than the amount AAPL lost. I love their operating system, but hate that I’m linked to a company that doesn’t give a shit what I have to pay to stay in it.