Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Apple Inc. (AAPL) Predicted for Poor Growth by Another Expert

In an interview with CNBC regarding his company’s weighting cut back on Apple Inc. (NASDAQ:AAPL), Channing Smith, Managing Director and Portfolio Manager of Capital Advisers Growth Fund feared Apple Inc. (NASDAQ:AAPL) might not be able to consolidate its success due to so much that Apple Inc.’s (NASDAQ:AAPL) growth patterns borrow from the sale of its iPhone.

Apple, is AAPL a good stock to buy, Apple Inc (AAPL)

“Really, we have cut that back and the main reason is where we are in the technology cycle. If you look at the numbers from comScore – we have about 75% penetration rate for smart-phones. If you look at IDC – we are going about 9.8% probably for the next couple of years. We think we are at that mass adoption stage where it’s going to be tougher for Apple to grow with such a large install base. We think a lot of the purchase will be more dependent on replacements and we think, with the pricing and just where we are in the industry, it becomes a lot more difficult going forward,” Smith said.

The Managing Director of Morning Star’s four-star rated mutual fund that has carried Apple Inc. (NASDAQ:AAPL) as its top holding hinted Apple Inc. (NASDAQ:AAPL) may suffer from poor growth in days to come. With Apple Pay gaining ground and iWatch’s launch Smith’s company might miss on some lucrative percentage points to the upside in shares on Apple Inc. (NASDAQ:AAPL) in the near future. However, Smith disagreed mentioning Apple Inc. (NASDAQ:AAPL) may not repeat its astonishing success in the arena.

Yes we think Apple Pay is going to be enormous – we don’t know how big of a profit driver it’s going to be. Keep in mind that iPhone is the big profit driver so that slow has to be made up somewhere else. If you look at the iWatch we don’t think it’s going to be a category killer. A lot of analysts out there are projecting that you’re going to see 50 to 60 million units ship next year but we’d like to see the proof in the pudding first. If you have a phone in the pocket and an iWatch – we don’t really see the benefit of having an iWatch so we think that those numbers might be a little lofty,” Smith said.

Many of us see Apple Inc. (NASDAQ:AAPL) as equipped with technological skills and a lot of us believe that Apple Inc. (NASDAQ:AAPL) operates its business with a certain degree of boldness, yet, according to Smith and his Capital Advisers Growth Fund a slow in the technological innovation is inevitable and they say it would definitely have an impact on product prices. Smith finds it apparent that even with sound vital signs Apple Inc. (NASDAQ:AAPL) may not be able to achieve its projected growth margins.

With the announcement by Samsung Electronics Co Ltd (SSNHY) to bring out their Samsung Pay supported new Galaxy S6 smartphone the competition will sure become rock-climbing tough and it would be interesting to see how Apple Inc. (NASDAQ:AAPL) pushes its foot in the rock to lever itself for the next hand grip.

I jsut made 84% in 4 daysI Just Made 84% in 4 Days By Blindly Following This Hedge Fund

I just made 84% in 4 days by blindly imitating a hedge fund’s stock pick. I will tell you how I pulled such a huge return in such a short time but let me first explain in this FREE REPORT why following hedge funds’ stock picks is one of the smartest things you can do as an investor. We launched our quarterly newsletter 2.5 years ago and not one subscriber has, since, said “I lost money by EXACTLY following your stock picks”. The reason is simple. You can beat index funds by creating a DREAM TEAM of hedge fund managers and investing in only their best ideas. I just made 84% in 4 days by blindly imitating one of these best ideas. CLICK HERE NOW for all the details.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!