Apple — the Bear Case

Bail, or stay with the trend?

clipped from blogs.wsj.com Apple — the Bear Case With more than 2 million iPads sold and the release of the new iPhone scheduled for this week, Apple is riding high. So, of course, it’s the perfect time to make the bear case against Apple’s stock. Apple recently passed Microsoft to become the most valuable technology company by market cap. Now Sanford C. Bernstein analysts aks in a research note out Monday if the company is too large to outperform the market. That doesn’t mean the analysts themselves are bearish on Apple; the note takes a look at “potential pitfalls” for the stock — “principally as a checklist of issues to monitor.” In April, the Journal’s Brett Arends outlined seven reasons for Apple shareholders to be cautious that included a number of the questions that the Bernstein analysts raise.