In this video, Motley Fool analyst Andrew Tonner focuses on Apple's current situation. The share price has been on the decline and is already below the $400 mark, marking a 45% drop from last September.
A lot of investors now wonder whether the stock will hit the $300 mark soon. Andrew doesn't think so. Looking at Apple's upcoming earnings report, he sees that even though the company might show a decline in revenue and market share, it's also expecting a 9% increase in revenue growth.
Andrew also says the market is misunderstanding Apple's situation. Other companies in the sector are trading on values based on their growth opportunities, but Apple itself has a lot of future growth prospects, including a possible smart watch and a lower-cost iPhone. Investors are also likely to get an increased dividend payout soon.
Check out the video for further details.
