Apple stock will decline in 2018. This is information by Paul Mampilly, an American investor with a lot of insightful information about the stock markets. Paul Mampilly joined the stock markets industry in 1991 when he was working as an assistant portfolio manager for Bankers Trust. He would later work with the biggest corporation in the financial industry such as Deutsche Bank and ING. He did not stop at that, in 2006, he became a hedge fund manager for a group known as Kinetics Asset Management. Following his leadership, at the hedge fund, it recorded an increase of 26%. It was the best hedge fund at the time. In 2009, Paul Mampilly won the Templeton Foundation for being the best trade in the stock markets. He managed to make over $88 million with an investment of $50 million.
This proved that he was the best in the industry. He defeated many other brilliant minds in stock investments to emerge the winner. So, when Paul Mampilly talks about a pair declining, he is confident of what he is talking about. He has done his analysis and is sure that if nothing happens, the stock must go in his direction.Paul Mampilly has spoken about the future of Apple, and there is no hope in this company. It is a company that will fall very soon unless it takes radical changes. The company is losing its customer base, and there is no way that the stocks will keep going up. Starting 2018, the prices will start to dip, and this is going to be the beginning of problems for this giant electronics company. Apple is losing its place in the market because it is not doing enough regarding technological growth.
The company is still stuck with the old product that was introduced by Steve Jobs in the last decade.While competitors in the industry are coming with innovative ideas, Apple is still recycling the iPhone every single year. This will not help it. Customers will lose touch with their products, and this will mark the end of the company. Competitors such as Amazon and Google have introduced new ways of doing things. Through Alexa and Google Assistance technologies respectively, these companies are doing great things. The technology is advanced and has more impact that Apple is having with their iPhones. Apple will lag back and very soon the stock will have declined by a huge margin. The recent increase that has been created by investors such as Warren Buffet buying Apple shares will not last for long.