Between CNBC, and the rest of the bloggers, if you were some retail investor, you'd think Apple is going out of business. I understand the parabolic move up in the stock was probably a little too much, but unless these earnings estimates are completely off, than Apple should be in the mid 500's. Even if they do not grow.
Does anyone have a clue on how they will distribute the cash?
Please no stupid responses from sheepskinner, osulin, ametrosixual, lefthanded bandit, and the rest of the anti semite racists.
you have to look at the big pic. What is aapl goona be 5-10-20 years from now?My guess is the mobile market/content will be shared by aapl and google.Samsung is just a #$%$. Any purchase anywhere between 400 to 1000 is a good investment for the long run.