With Apple's stock down more than 20% it isn't difficult to find lots of analysts willing to make the case the shares have further to drop. Regardless of whether you are an Apple bull or bear it is worth pointing out the company's challenges. Wim Lewi has some in-depth analysis of Apple's past and forward-looking sales and the piece is worth a read for investors.
Perhaps the most compelling argument he makes is the replacement sales of devices will lengthen from 2 to 2.8 years. While it is difficult to ascertain just how much longer people will wait to upgrade, it seems clear that there seem to be less ways to improve a phone or tablet. Yes, they become faster, thinner and pack more pixels but we are literally splitting hairs at this point... Read More