If economics are irrational because humans are irrational. Apple is the primary argument that humans are irrational.
Forming logical conclusions on anything Apple does is dangerous. They overcharge and under deliver(at least on Hardware). They are primarily marketing, not tech.
For this same reason, their valuation is irrational. I don't expect Apple to be above 500M for much longer than a few years.
Forming logical conclusions on anything Apple does is dangerous. They overcharge and under deliver(at least on Hardware). They are primarily marketing, not tech.
For this same reason, their valuation is irrational. I don't expect Apple to be above 500M for much longer than a few years.