This Dividend Stock Needs a New Product, Fast

By Chris Hill and Jason Moser – Jan 28, 2014 at 10:22PM

DJINDICES: ^DJI

Dow Jones Industrial Average

Market Cap

Today's Change

(-0.98%) -$375.12

Current Price

$38,085.80

Price as of April 25, 2024, 5:07 p.m. ET

Turns out record-breaking iPhone sales just aren't enough anymore if you're Apple.

In this video from Tuesday's Investor Beat, host Chris Hill and Motley Fool analyst Jason Moser dig through the biggest stories for investors from the market today.

Though Apple (AAPL 0.52%) sold a record-breaking 51 million iPhones as well as 26 million iPads in its most recent quarter, Wall Street was looking for even stronger sales growth, and shares were down on the news. In the lead segment on today's Investor Beat, the guys discuss the similarities between Apple today and Microsoft (MSFT -2.45%) circa 2004, and talk about why Apple may need a new product fast if it wants to hold on to its pricing power. Jason also discusses whether Apple looks like a buy to him at today's price.

Chris Hill and Jason Moser have no position in any stocks mentioned. The Motley Fool recommends Apple and owns shares of Apple and Microsoft. We Fools don't 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.