“Apple must come up with something or they will disappear”
“They only have 60 days left to either come up with something or they will disappear,” said Trip Chowdhry, managing director at Global Equities Research.
“It will take years for Apple’s $130 billion in cash to vanish, but it will become an irrelevant company … it will become a zombie, if they don’t come up with an iWatch.”
Filed: March 2014. CNBC.
You did know some analysts get a bonus for being quoted and TV appearances, right? They’re kind of like posh bloggers with bigger bank accounts.