10-year

10-Year Anniversary Promotion (20% off)

Join GuruFocus Premium Membership Now for Only $279/Year

Once a decade discount

Save up to $500 on Global Membership.

Don't Miss It !

Free 7-day Trial
All Articles and Columns »

Jeff Gundlach: Apple Is Broken

January 24, 2013 | About:
Dheeraj Grover

Dheeraj Grover

18 followers
Apple (AAPL) is a broken company says Jeff Gundlach, CEO of DoubleLine. He thinks that stocks will decline further and stabilize around what he thinks is the fair valuation of Apple, which is around $425 per share.

-- Apple is a broken company and over owned.

-- Thinks best innovation is behind them.

-- Competition is getting intense and Samsung is taking market share.

-- Will be difficult to thrive without the innovative genius of Steve Jobs.

Credit and source: www.cnbc.com, CNBC

Here is the video:



About the author:

Dheeraj Grover
I am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne

Rating: 1.0/5 (3 votes)

Comments

Please leave your comment:


Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK