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Jeff Gundlach: Apple Is A ‘Broken Company’

Posted in Apple, Miscellaneous on 24/01/2013 by Henry Taylor-Gill

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CEO of investment firm DoubleLine Jeff Gundlach made a provocative statement on CNBC’s Fast Money, calling Apple a ‘broken company’, and also added that it was an ‘over-owned stock’. His point of view was also shown to be that the best innovation was behind them, and that Steve Jobs was the product innovation genius.

Apple has always been attacked by the financial press in general, and while the stock has fallen quite significantly over the past few months, it only yesterday announced its best quarter ever, bringing in $13.1 billion. Don’t count your chickens before they’re hatched: Everyone criticizing Apple’s stock now like Gundlach could regret it in the future.



Henry Taylor-Gill

Author

Henry Taylor-Gill

Henry is a student who is a huge Apple fan, and has used their products since day one. He can remember how happy he was when he received the first iPod back in 2001 as a birthday present. He has an international background, having spent most of his life in France but he now lives in the UK. He is also a native French speaker and can also speak Spanish at a decent level. In addition to tech, Henry is an avid sports fan and has his own sports blog.