Paul Mampilly Says Tech Company Apple Is Likely To See Its Stock Go Down In 2018

Apple certainly has made many contributions to the IT industry over the years since Steve Jobs founded the company back in the 1970s and later became part of developments like the iPhone, Macbook Pro and iPad. But investor Paul Mampilly has stated that since Tim Cook took over the company, Apple has really not sent any innovative products out into the market and that their stock prices have only been steady because billionaire Warren Buffet and a few other investors have interests tied to Apple. But the truth is the company appears to be heading downward because its products only have minor improvements to them as opposed to aspects that could actually change the industry. Learn more about Paul Mampilly at Crunbchbase.

Paul Mampilly says that one demographic they no longer have a big hold on is young elementary and high school students at public schools. The old Apple and Macintosh computers that used to dominate those classrooms has been overtaken by other tablets including Google’s new line of Chromebooks. These tablets also have new voice activated features which Apple did have a lead in when it introduced Siri in 2011, but it’s since been passed by Google’s Alexa and Amazon’s Echo. Eventually if Apple does not deliver groundbreaking technology that its competitors in Microsoft, Google and Amazon are doing, its stocks can only stay so high before a correction comes. Follow Paul on Facebook.

Paul Mampilly has had interests not only in the tech industry but specifically in the “Internet of Things” category with blockchain technology, artificial intelligence and robotic sciences. He writes about those stocks in his newsletters at Banyan Hill, an independent financial information journalist platform he joined in 2016. Prior to that he was an advisor to big investors at banks like Deutsche Bank, Sears, ING and Banker’s Trust. He also managed billions in assets for a high-ranking hedge fund known as Kinetics International Fund for several years. Mampilly invested $50 million in stocks in a competition with the Templeton Foundation that he turned into $88 million and did so during the height of the 2008 housing bubble.

Paul Mampilly decided to stop spending long hours in the office and spend more time with his loved ones in 2012, but he didn’t stop investing in stocks on his own. Instead of giving his portfolio advice to millionaire and billionaire investors, he now helps middle class people get that advice for a much cheaper price than what brokers charge. His newsletters show not only his portfolio, but also show subscribers how they can start building their own portfolios and be in complete control of them the whole time. Nearly all of Mampilly’s subscribers have said that they’ve made more gains in their stocks than they ever thought were possible.

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