Spot on list from Philip Elmer Dewitt over at Fortune (god I hate their website): http://fortune.com/2016/01/01/apple-stock-2015-whimper/?xid=yahoo_fortune Heavy option activity Journalism’s broken business model CNBC Ignorance Wall Street myopia Perception PED brings up some good points. Microsoft currently has a PE of 37, Apple's is 11. Wall Street really believes Microsoft has 3x the prospects of Apple? Based on what, exactly? A race to the bottom cloud business where Amazon can undercut everyone because they don't need to make a profit? Also, all the worries and constant fretting over iPhone. Do people fret over Starbucks because all they do is sell coffee or Ford because all they do is sell cars? Some car companies have a higher PE than Apple. That seems nuts to me. Does Wall Street really think in 2016 everyone is going to stop buying smartphones? Seriously?