I recently appeared on CNBC’s “Nightly Business Report” to offer insight on concerns regarding Apple shares, as next week marks the release of their new device. I explained that the high expectations and dependency that consumers have on Apple products is quite dangerous for investors, especially as other vendors have come into their market space.
In terms of the Apple stock, I don’t feel as if it’s a good time to go for Apple stock at the high price and risk that it offers. The timing of the device release, how expensive it is, and what it exactly is will formulate how valuable to product will be.
The clip is accessible by clicking the picture below.