Investors can build out an Apple stock position with weekly purchases throughout this Holiday Season and into Spring 2013.
Apple maintains technical support at $500 and the current price AAPL@519 is a good entry point.
It is also in a good agreement with:
*JP Morgan **
** I Know First system** positive stance on AAPL.
Tech giants are using the first trading day of the year to announce their calendar Q4 earnings dates.
Apple will report after the close on Jan. 23,
Google after the close on Jan. 22,
Facebook after the close on Jan. 30
Intel Making Apple's ARM Chips Will Leave Samsung Behind:
1)exclusivity from a trusted partner, possibly in exchange for a premium, who won't produce chips for Samsung.
2)strong partner it has no need to subsidize, able to produce all the ARM chips Apple needs
3)worldwide chip production from up to 8 fabs reducing possibilities of disruption in the supply chain
4)US produced chips - important given the commitment to US manufacturing
5)faster access to future chip processes which give longer battery life and/ or better performance
helps with marketing iPhone as always ahead of other phones
6)removes the Samsung drag on improvements and increases the time it takes for Samsung to catch up
The market reaction is expected to be upbeat, at least initially. “At the start of trading we’ll see a positive reaction ... but as we progress toward the latter parts of the week, the excitement will evaporate, because the buildup does not include raising the debt ceiling or longer-term budget cuts,” said Fawad Razaqzada, technical strategist at GFT Markets.