Personally, I've consistently argued to short or avoid Apple shares since early 2015. ... At the core of my ursine outlook is that Apple's past success represents the greatest headwind to its forward advancement. It's just too difficult for such a large company to 'move the needle' by innovation and the introduction of new products.
Frankly, the successes of Apple's past product offerings are nearly impossible to repeat. Not only is it terribly hard to measurably impact incremental growth on a company with $233 billion of sales, but I believe the iPhone -- Apple's key driver to profits -- is currently concluding its most important product-cycle upgrade."
-- Doug's Daily Diary, How Do You Like Them Apples, Carl? (Feb. 17, 2016)
The Bottom Line
In its fight with the U.S. government, Apple has once again adopted a position that coincides with its economic interests.
From my perch, AAPL's "defense of the public" is hypocritical -- and a contradiction of terms given the firm's long history of what I see as tax avoidance, mistreatment of employees and customers and more.