Owning Apple stock is like being flushed down a toilet
connected to a storm drain that flows from the Santa Monica Mountains into
Santa Monica Bay. It is an endless unpleasant experience. You know the stock cannot
go to zero because somewhere in the world someone will want the latest iPhone.
However when Tim Cook said this was just the beginning of
the iPhone, I hurried over to the wastebasket to toss my cookies. What is he
smoking?
I have some ideas for what that statement might mean. In the
future,
will it make its own banana bread?
Pick a successful stock portfolio (hopefully, without Apple
in it)?
Arrange a date for you with Monica Bellucci?
Well, those were just ideas off the top of my head. I'm sure
Tim Cook has something great up his sleeve. Of course it won't be on the seven,
because they'll stretch improvements with little meaning until we get to iPhone
17.
Apple never invested in research and development. People
often said Steve Jobs was their research and development. Well guess what, he's
dead and all those years of noninvestment are showing. He not only didn't leave
anything to charity, he didn't leave anything to Apple either.
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