With the recent 15% drop in Apple's (AAPL +1.25%) shares over the past month, Motley Fool tech and telecom analyst Andrew Tonner says that, at $550 a share, it's a great time to buy Apple. With the recent very well received product launches of both the iPhone 5 and the iPad Mini as we move into the holiday quarter, Apple's best quarter is ahead of it. And when you're talking shares of Apple, $550 is a steal to get in on such a great company.
Apple Shares Are a Great Buy at $550
By Andrew Tonner and Taylor Muckerman – Nov 13, 2012 at 7:05PM
NASDAQ: AAPL
Apple
Market Cap
$3.9T
Today's Change
(1.25%) $3.24
Current Price
$262.82
Price as of October 24, 2025 at 4:00 PM ET
The Colossus of Cupertino looks cheap.
About the Author
Andrew Tonner is a senior tech specialist for The Motley Fool. He is a graduate of The University of Arizona with a degree in Finance. Follow @andrewtonner