By Jeff Pierce
Apple’s (NASDAQ:AAPL) rising earnings does not equate into a healthy US economy.
While today is not exactly the scenario I would have like to play out after Apple released earnings it’s just one more example of how delusional the market is in regards to what is considered reflective of a growing economy. The effect of this earnings report on the general markets is impressive and scary as you can’t eat iPads. You iPhone won’t stop the bank from foreclosing on your home. And while you can certainly go on LinkedIn with you Mac, it won’t land you a job. Add in the fact that the majority of Apple’s products are produced in other countries should illustrate the mirage that has been painted about Apple’s contribution to the US economy. Read More
To discuss this article or any stock, please visit The Playground Discussion Forum!














