Investor hedge fund Noster Capital Pedro de Noronha not consider investments in shares of Apple successful. The expert suggests that the iPhone and iPad maker may withdraw from the market in 2-3 years.
"I love Apple. I have many products manufacturing Apple, but I do not invest in this company, "- said Pedro de Noronha. Investor specializes in medium-and long-term investments. In his opinion, is not the best time to invest in the securities of a California corporation.
"I do not know where Apple will be in three years. Market is very competitive. It may disappear after two or three years, as it was with dozens of other companies, "- said the representative of the hedge fund. It is just such a possibility, de Noronha does not claim that it is a fact.
Pedro de Noronha words have caused a reaction of Internet users, many of them outraged by statements employee Noster Capital.
A few days ago Apple released another sensational report . The company's revenue for the quarter was $ 37.4 billion, and net profit - $ 7.7 billion, or $ 1.28 per share. Despite the lack of new devices in the lineup, managed to increase its revenues. True iPhone still provides more than half of revenue, and therefore, the company's success in many respects depends on a single device. Jeff Reeves of InvestorPlace believes that Apple will go up paper.
Among the main reasons for the rise in Apple shares InvestorPlace called growth profitability, opportunities for growth in sales of iPad and Mac, the software "apple" giant, new devices, repurchases and dividends.