Apple is doomed. And 2018 is the year where I believe you’ll start to see that this once-great American company has peaked and the Apple stock price is ready to decline.

Truthfully, I’ve been wrong on Apple Inc. (Nasdaq: AAPL) stock for a year now.

Driven by Warren Buffett’s huge buying spree — over $20 billion in shares — the Apple stock price has gone up, up and up.

This has happened despite its business being stagnant or in slight decline, depending on which quarter you look at.

To me, most people buying Apple stock are buying into a memory.

That memory is of Steve Jobs introducing truly revolutionary products.

Like the iPod in October 2001, which by allowing you to carry tens of thousands of songs in your pocket transformed the way you listen to music.

Like the iPhone in June 2007, which shrunk a computer so that you could have access to everything you used to use your desktop computer for.

Like the iPad in April 2010, which perfected the tablet computer as an alternative to laptops.

But then Jobs died in October 2011. Since then, Apple has introduced no new revolutionary products.

Instead, Apple now tinkers with models, sizes and colors. Apple sells five different models of its iPhone. You can get them in six colors and in multiple sizes.

Apple’s latest phone, the iPhone X, has facial recognition and an OLED display.

Some people think this is a big deal. Steve Wozniak, one of the co-founders of Apple, thinks it’s no big deal at all.

“I’d rather wait and watch that one. I’m happy with my iPhone 8, which is the same as the iPhone 7, which is the same as the iPhone 6, to me,” says Wozniak.

Now there’s an even bigger thing happening. One that guarantees that Apple’s future is one that’s going to disappoint the people who have been buying its stock.

An Incredible Red Flag for the Apple Stock Price

That thing is the Chromebook. A Chromebook is a cloud-based computer that uses Google’s software.