Unfortunately, they are having the worst quarter ever, and nothing new coming out until July. $350 is the realistic spot after earnings. Very good company, but there arrogance and lack of innovation will kill them. They will be just like Sony in 2 years.
Even if apple comes in on the low-end, they still earn more money than any other company in the world!!!!!
Who on earth are thinking of selling a pcs of such a company to 9 times earnings!!! Crazy
Iphone sales estimated to 47 billion in first quarter according to a leading analyst. That coupled with the hiring of 10k at china factory for production tells me demand is growing. Apple also tends to wait and give you alot at once. So expect alot next week.
Sentiment: Strong Buy