This will be a difficult year for Apple, and the iPhone could be more of a drag on earnings than a help. ... Apple is clearly not going away — but th… - Rob Enderle
" "This will be a difficult year for Apple, and the iPhone could be more of a drag on earnings than a help. ... Apple is clearly not going away — but this year, compared to last, will be really nasty for the company.
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About Rob Enderle
Rob Enderle (born July 27, 1954) is an American technology analyst who has worked for EMS, ROLM, IBM, Dataquest, GiGa, and Forrester, before founding The Enderle Group.
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[Hedge fund investment] is likely behind the very different behavior you are seeing in companies like HP and Apple this decade. A severe lack of new products or compelling offerings, but a lot of increases in dividends, stock buybacks, layoffs, plant closings, executive departures and divestitures. These firms aren't investing in the future they are constantly trying to assure their stock is propped up and the value increases.
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