AAPL stock is in tug of war with BULLS & BEARS, I know BULLS will win
U#$%$ Analyst spoke with Tim Cook,
1. Gross Margins will improve over time, since new products like mini and 5 are using new supplies, Margin scale will show upturn after DEC quarter as sales pick up
2. Apple has already improved supply chain, Tim cook mentioned that A. They are asking Foxconn to hire more people, train better, pay more for quicker delivery.
3. Products being sold, faster than anyone expected, even Tim Cook, TC mentioned they had a goal but demand is way Overwhelming.
Then Cramer brings up that selling is based on FISCAL CLIFF
people will sell he says because uncertainty is not good.
Response: This is crapola, no need to sell at low prices of 9.5 X earnings on the KING of stocks, I dont think anyone cares they pay 22% or 29% on Cap gains, selling involves profit, whether you make a million or 970,000$, this theory is total #$%$.
Then Kass calls a BUY now on AAPL
Lets not forget these other analysts
Brian White Topeka
Gene Munster Piper Jaffray
All raising targets on AAPL and making positive calls.