In the following video, Motley Fool tech and telecom analyst Andrew Tonner discusses famed investor Bill Miller's recent statement that Apple (NASDAQ: AAPL ) is worth 50% more than where it currently sits at $450. He compares the brand with Nike, saying that it's an incredibly valuable brand with high consumer loyalty. Andrew tells investors why he sees that assessment as right on the money, and that with Apple's powerhouse profitability, its sticky ecosystem, and some potential share price catalysts coming up in the months ahead, it's a raging buy at its current rock-bottom valuation.
There's no doubt that Apple is at the center of technology's largest revolution ever and that longtime shareholders have been handsomely rewarded, with more than 1,000% gains. However, there is a debate raging as to whether Apple remains a buy. The Motley Fool's senior technology analyst and managing bureau chief, Eric Bleeker, is prepared to fill you in on both reasons to buy and reasons to sell Apple and what opportunities are left for the company (and, more importantly, your portfolio) going forward. To get instant access to his latest thinking on Apple, simply click here now.