Billionaire financier Mark Cuban told CNBC on Tuesday that he believes Apple will lapse good value to a shareholders though combined a batch might not see as most expansion as it had in a past.
“I’ve had a [iPhone] X, and it’s OK though not spectacular,” Cuban told “Fast Money Halftime Report.” “Apple’s not going to fail. Apple’s going to keep on growing. But we don’t know if we’re going to see a hypergrowth.”
“For value investors it’s fine,” Cuban continued. “For expansion investors, we consider it’s a challenge.”
Apple hosted a 2018 annual shareholder assembly during a new Steve Jobs Theater on Tuesday. The bulletin enclosed votes on remuneration for house members and executives. The assembly came a integrate of weeks after a association reported unsatisfactory iPhone conveyance numbers and diseased superintendence for 2018.
Cuban was also asked about tech batch Snap. The financier pronounced he missed a upswing on shopping a Snapchat primogenitor though believes a CEO, Evan Spiegel, is “smart.”
He also pronounced his kids are regulating a amicable media app some-more than Facebook, though combined they were angry about a new updates. “I consider a Snapchat updates will finish adult being a net certain for Snapchat,” he said.
— Disclosure: CNBC owns a disdainful off-network wire rights to “Shark Tank,” that facilities Mark Cuban as a panelist. Additionally, CNBC primogenitor NBCUniversal is an financier in Snap.