Apple Management Appears To Be Living In A Bubble

Apple Inc. (NASDAQ:AAPL) posted weak Q4 results as its management appears to be living in a bubble, notes Indigo Equity Research. N. Landell-Mills of Indigo Equity Research Ltd feels Apple Inc. (NASDAQ:AAPL)’s recent product upgrades are not adequate to arrest the downward trend witnessed in revenues and margins. Apple management’s flawed strategy Indigo Equity Research’s analyst reviewing the fourth quarter of 2013 observes Apple Inc. (NASDAQ:AAPL)’s revenue growth slowed to 4%, while its EPS fell 7% to $8.06. Though the iPhone continues to grow, its pace of growth is quite slow at just 14%. Apple Inc. (NASDAQ:AAPL)’s other key products…