Wall Street Journal Confirms Our Recent Apple Call
We were recently reported to say that "One statistic could make or break Apple's future." That stat was R&D, research and development.
Here's the chart we showed.
|R&D For Q1|
Video is a race. Facebook (FB: MT Buy Rating), Amazon (AMZN: Rated Neutral), and Netflix (NFLX: Rated Neutral) have been sprinting in the video land-grab. Conservatism probably will not be the winning formula longer term.
Let's Wrap It Up
Apple's been busy in the news with lawsuits. Apple probably needs to step up its R&D spend to catch up in the video and technology races.
By: Chaim Siegel, Elazar Advisors, LLC
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