Apple makes three awesome products, the iPhone, overpriced computers, and the iPod, which is now turning into the walkman as everyone with a decent smartphone has a good mp3 player built in. Apple is basically a one trick pony right now. Anybody have any ideas on what else they can possibly invent? Apples moat has been breeched.
Follow the "IDIOT INDICATOR"!!!..
..buy, buy buy.. from the TV AH and
you know, shorters are stepping in.
..or follow the TA:
..only BEARISH indicators...SELL
..pullback target 123.65$..SELL
..accumultion goes down....SELL
..distribution goes up.....SELL
No surprise, for pros, AHs pay the
bill, like allways.
Earnings a risk. Likely beats but by less than last Q and guidance as usual, conservative. So won`t exceed expectations enough to drive stock above recent highs. A prudent investor would wait til stock is slightly oversold before earnings.
Will have to wait for effect of recent upgrades and price cuts and more data on economy next few months. 125-140 until catalyst up or down. IMHO
The last time they lowered prices, they kicked ass. If you think Apple's margins are going to be hurt, take a look at the analyst reports for RIMM over the next two years. Now that's a real one-trick pony.
Could they introduce netbooks? Sure it would eat into the Mac sales, but perhaps premium netbooks in the $600 range may be the next Apple thing? Just my 2 cents of thought related to to your question (which is a good one BTW).