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India: Apple to increase production in India by 5 times to $40 billion over the next 5 years!

I though that and sold my Apple shares :(

How much did you sell for? But I don't think their shares will have big jump in future unless they bring out some revolutionary product. Smartphone market is saturated and geopolitcs will make efficient supply chain a headache.
 
How much did you sell for? But I don't think their shares will have big jump in future unless they bring out some revolutionary product. Smartphone market is saturated and geopolitcs will make efficient supply chain a headache.

It was a fraction of what it is now. I never had the conviction to purchase it again. I started to move away from owning individual stocks to market indices

  • I never expected Tim Cooks and gang to execute this flawlessly.
  • I did not expect the iPhone to be sticky.
  • I never expected the chaos of Android land
 
Next apple products will focus on finally cracking virtual reality and bring it into the consumer marketplace. It will be tied to Apples AI.
Apple profits will moderate but will still be above comparable competitors.
 
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