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IPhone over value too, why still have ppl buy? Is brand power. BMW, Mercedes, Japanese car features is not that strong too if you really compare other car in market. But ppl still buy it, WHY?
if to talk on iphone only, lower income buy, off course not affordable. Mid income to buy, hmm now have to think twice. Rich people buy, yes they can buy they always think why to spend more if can buy a bit cheaper with same quality and feature. And now, when new prod launching time, does it really viral and people que like hell like previous days? hmm i'm have doubt. Anyway, the overvalue is based on the FA which the revenue is quarterly down eventhough there is still slim net profit.
That's why we need to do our own homework, if you are not confident on the company then don't buy. Just like iPhone, some ppl sell kidney also want to buy new iPhone, we can't control how ppl thinking.
haha...my comment is not a buy call, hold call or sell call..its just a 2 cent comment and still it is up to your judgment, homework study and experience. It still a people emotion (90% lose) on buy/sell (trade) and only 10% is making money in stock market. So happy investing and trading. Just ignore if you think it is incorrect and pls hold for long term if you could predict it long. I just follow the trend, the trend is my friend. Based on TA price pattern, it already form double top..hihu
