$460 is a good entry piont. This has more potential to go up than going down, the sales data for the new phones will help. Last year, price went up for 4-5 days thru 9/20. Walmart is selling tomorrow (5c) and 5s will start selling on 9/20. The price is likely to go up with the anticipation between now and then.
I sold @ 470 with the 100 I bough yesterday for minimal gain. Still holding 100 from $481 I believe it will break the 200 dma if market goes down. Buy if the market dip. Good areas to buy is between 450-460.
Getting product out, lagging sales, will take a few months. Pricing of stock at $440 to $450 sounds reasonable at this point. If they decide not to build a larger phone they will simply loose market share. Their choice? This quarter profit picture could look a bit weaker than last, that's for sure.........good luck to all.........
lower, market cap is overblown, plus their stores were empty this quarter...also if the stock declines below 420 - Apple shares buy-back program instead of making money will result in 4 to 6 Billion $ loss for Apple
Carl was buying in the 465 to 467 area. This is also the area that the technicians say is good support for the enactment of the golden cross which is still very much intact! I'm with Carl - he's got the money the guts and the education! jmo