Apple has been one of America’s most innovative companies in IT products who released game-changing Apple and Macintosh computers, and has been the company behind iPhone, iPad and its latest Apple TV platform. It also has done a fantastic job of protecting users’ privacy over the years, but Paul Mampilly says it has likely reached its peak and will probably be on its way down soon. Mampilly is an independent author who writes about stock trends for Banyan Hill, and he’s paid close attention to tech companies over the years. He lists several reasons why he believes Apple will start to fade beginning in 2018. Watch videos on Paul’s Youtube channel.
Paul Mampilly said one reason Apple is likely to go steadily down is its founder and forward thinker Steve Jobs was behind most of its groundbreaking products including iPhone and Apple TV, but with his passing away the current company leaders have not demonstrated Jobs’s capability. He also said that they’ve merely done touch-ups to their current products and have really not strove to get ahead of their competitors, and in school classrooms where they used to be the primary brand used, Google has passed them with Chromebook tablets. And finally, Apple’s stock has done well, but mostly because big name investors like Warren Buffet have put a lot of money in them, and even the company has done stock buybacks. But it can only last for so long if they do not get back ahead of competitors. View Paul’s profile on Linkedin.
Paul Mampilly does not manage any investments for anyone; he simply tells his readers at Banyan Hill what they should look out for. He used to manage millions of dollars in commercial accounts and those of high networth institutional investors at banks like ING, Sears and Banker’s Trust. He then moved into an even higher investment advisory job as managing director at Kinetics International Fund where he was famous for putting client funds in vehicles that gained over 26% in annual returns. Paul Mampilly would often appear on TV programs on the Fox Business Channel and CNBC, and in 2008 he took part in an major corporation’s investment competition that started him out with $50 million and wanted to see how much he could make with that in a year. Even though the recession of 2008 was panicking much of the stock market, Mampilly bought stocks without shorting them and by the end of the competition had gained 76%.
Paul Mampilly decided later on that he didn’t want to share his investment methods with merely the ultra-wealthy but instead wanted regular people who didn’t know about them to be able to build their own wealth. So he started sharing them in the newsletters he wrote for Banyan Hill, and though many thought they were wild speculations at first, Mampilly soon gained the trust of his subscribers and they reported thousands of dollars in gains. You can read more of Paul Mampilly’s articles or subscribe to his newsletters at www.BanyanHill.com.