With the recent 15% drop in Apple's (NASDAQ:AAPL) 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.

Andrew Tonner owns shares of Apple. Taylor Muckerman has no positions in the stocks mentioned above. The Motley Fool owns shares of Apple, Amazon.com, and Google. Motley Fool newsletter services recommend Apple, Amazon.com, and Google. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.