In this video, analyst Andrew Tonner talks about Apple's current situation. Even though the stock sits just below $400, he has three reasons he's bullish on Apple:
- Its dividend, which sits at 2.5% and is likely to be raised in its upcoming earnings report. With its $137 billion cash pile, it could keep increasing dividends in the future.
- The likelihood of an upcoming lower-cost iPhone, which could help Apple break in to new markets and boost revenues.
- The company's upcoming next-generation product -- a smart watch or a smart TV, which could arrive sometime next year also also drive revenues.
For more details, check out the video.
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 your portfolio) going forward. To get instant access to his latest thinking on Apple, simply click here now.