Matt Cildeman, investor and Seeking Alpha contributor, appears to have a thing or two to say about Apple and 3D printing.
After previously having written an article recommending buying 3D Systems stock last year, Cilderman appears to have changed his tune about the industry as a whole. When he wrote the article, 3D Systems had a market capitalization of $1.5 billion; in about a year, its market cap had more than doubled to almost $3.2 billion. He now believes that 3D Systems and other 3D printing companies like Stratasys Inc. (SSYS) are in a bubble.
Wohlers Associates, the leading authority on the 3D printing industry, recently noted in their 2012 State of the Industry Report, that sales of personal 3D printers, slowed noticeably in 2012.
Cilderman clearly believes that overall growth is stagnating as the report goes on to say: “Growth of the low-cost (under $5,000) “personal” 3D printer market segment averaged 346% each year from 2008 through 2011. In 2012, the increase cooled significantly to an estimated 46.3%.
Source: 3D Printing Industry