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Apple Inc. Message Board

  • wait4itorsell wait4itorsell Mar 4, 2013 5:16 PM Flag

    Don't expect AAPL to get above $500 before the 2nd part of the year

    When AAPL reports in late April do not be surprised if Wall Street continues to slam the company. There is a good chance that they will report another monster quarter, most likely reporting the highest gross income amongst all publicly traded companies. The Street will look at YOY figures and gross margin and say they are signs of concern. And they will be right, sort of, this is because they do not want you to buy the stock while they are buying the stock. Then when the company reports in July they will crush the YOY figures, they will probably have a new product on the market, and the stock will go on a rampage up to the high $500's only to go back down during the fourth quarter. Around this time the company will also double their dividend to 5%. This is when the Street will recommend you buy the stock, becuase they will already be priced in, and therefore they will make a killing.

93.40-2.70(-2.81%)Jun 24 4:00 PMEDT