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This week I've been researching PayPal's stock. The debate over PayPal's future is quite dividing:
But the "new IBM" debate isn't new to Wall Street. Back in 2019, when Apple's iPhone price dropped, and the stock price crashed over 30% in a quarter, the media couldn't help but comparing Apple of 2019, with the IBM of 2013. I published a podcast episode back in 2019 and dug into the similarities between Apple and IBM. I just listened to the episode again, and really enjoyed it. I believe you'll also enjoy listening to that episode in anticipation of Saturday's PayPal episode. See you Saturday! P.S. Here's the original post from 2019 👇 What do Apple and IBM have in common? Well, in the past few years, the media is beating a new drum roll. It's not so much about IBM. Instead, it is about how Apple - once an arch enemy of IBM - is now morphing into a modern-day IBM. Considering the recent disappointing iPhone sales and the lack of any significant innovation by Apple in the past years, is it fair to assume that Apple is the new IBM and is destined for the same fate? Get all those questions answered by listening to the latest episode of Renegade Investors podcast. You are going to hear what Tim Cook had to say, understand how Apple's CFO talks about the company, explore Warren Buffett's point of view on both companies and dig deep into the state of affairs at IBM of 2013 vs. Apple of 2019.
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