Buy Apple: The Story Just Keeps Getting Better

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Read/Post Comments (5) | Recommend This Article (17)

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  • Report this Comment On September 10, 2011, at 2:22 PM, demodave wrote:

    Info, that's just silly.

    1) Apple can do just fine (*is* doing just fine) even with RIM in the market.

    2) From a technology and "interest" perspective, RIM is insignificant or non-existent.

    Apple is making more than enough money (the majority of the profits) with its current (minority) position in the market. (Well, cell phones, I guess, because Apple is projected to own 75% of the tablet market.) There is still plenty of room for Apple to grown. I think Apple is only constrained by the macro-economy right now.

    That, sadly, is not something I have the wisdom to comment on.

  • Report this Comment On September 10, 2011, at 2:24 PM, ConstableOdo wrote:

    I keep hearing, "Buy Apple" due to its supposedly potential growth factor but the share price is still lagging relative to analysts' target price projections. I've seen target prices of $600 for the next 12 months, yet Apple still can't reach and hold $400. Apple's share price continues to slip with the rest of the market so it's going in the opposite direction putting those target prices further and further away to the point that they'll likely be unreachable even in a year.

    I'm willing to bet that the next excellent quarter will barely push Apple shares back up to the $400 mark it reached in late July. No matter how much revenue Apple makes, the share price is barely holding ground leaving recent investors at just about break-even.

  • Report this Comment On September 10, 2011, at 2:59 PM, xmmj wrote:

    @ Info - LOL - very funny.

    @ Eric - The nay-sayers have been nay-saying "How can Apple do it again?" for the last 10 years!

    Personally, I think that Apple will reach peak growth rate now through 2013, then growth will gradually slow over the next 10 years, until it reaches a sustainable rate. The iPhone, iPad story will continue to grow significantly for about 5 years. After that, the Mac growth (along with modest mobile growth rates) will sustain double digit overall growth until about 2020.

    @ Odo

    You are right to a degree. Apple price is being held down in part by the overall market/economy, and part because people have trouble believing that they can continue to grow so fast.

    However, the numbers are the numbers, and at some point in time, people will realize that this company is making $50 EPS per year AND they have over $150B in cash, and the stock price will go to match it.

    Also, if they should ever decide to pay a dividend or buyback or split, the price will jump.

  • Report this Comment On September 11, 2011, at 12:05 AM, crabacus wrote:

    Apple is a steady climb up for the better part of 2 years, it's trading at a very fair multiple, and it has weathered the recent volatility pretty well in my opinion which makes be believe it's got nowhere to go but up. Apple has enough in their pipeline to impress through at least 2012 is my guess. I do want to develop an exit strategy at some point but I think it is way to early for that.

  • Report this Comment On September 11, 2011, at 1:31 PM, HabsSuck wrote:

    info

    your obsession of RIMis pathetic seek help before it consumes you

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