It's been a rough last year for owners of tech giant Apple (NASDAQ: AAPL ) . However, in a move that many hope will signal the beginning of a recovery, Apple finally impressed investors with a surprise earnings beat. However, many of the main themes with Apple's investment story lines still remain intact, especially that the company is still amazingly undervalued, viewed by the market as more likely to shrink than grow.
But as we saw with its earnings release, management once again signaled that it believes it has some very compelling products in its pipeline. Unfortunately, while it still may be some time until those products reach the market, investors should be acquiring shares now while they remain dirt cheap. In this video, tech and telecom analyst Andrew Tonner argues that tech investors should again consider buying Apple today.
As the introduction of a low-cost iPhone becomes more likely, investors are set to learn once again how Apple has a history of cranking out revolutionary products... and then creatively destroys them with something better. Read about the future of Apple in the free report, "Apple Will Destroy Its Greatest Product." Can Apple really disrupt its own iPhones and iPads? Find out by clicking here.