Apple Now 32% Below Price Target.
The gaping hole between Apple's price and its average price target is now the biggest of any stock in the S&P 100, and it's not even close.
** J.P. Morgan**
** I Know First system**
Time to BUY AAPL on dips is very near.
Good Apple chip suppler:
Taiwan TSMC says Q4 profit rises 31.8%
The Taipei-based Commercial Times said this month TSMC will soon start making chips for Apple, with trial production of the A6X chip for the new iPad set for the first quarter.
The move is the latest in a string of efforts by Apple to switch mass manufacturing contracts away from South Korean tech giant Samsung,
Apple Introduces China Installment Payments Until January 23:
Apple announced on its China website that on-line purchases of more than 300 Yuan (about $48) could be paid for on an installment plan. Apple has partnered with China Merchant Bank to offer customers the option of paying over 3, 6, 12, 18 or 24 months. There are no interest charges for the 3, 6 and 12 months options, a rate of 6.5% for the 18 months option and 8.5% for the 24 months option.
I think Apple's growth prospects are still excellent, especially now that it is selling iPhones and iPads all over the world, particularly in China. The global market for Apple products is almost sure to be fruitful for many years. And if Apple only has one new awesome gadget up its sleeve, earnings—and Apple's stock price—can resume their upward march for years to come.