Yes I heard Apple Inc. has a patent on bendable batteries that they will be using on some of their new products. Should be very interesting. I can see this in the $600 range again with three to four months.
Maybe now we will, likely even sooner, because now there is some certainty of where Apple is going, which was lacking before. So while it can get to $600 before the new products come out in the fall, whether or not it holds will depend on what the new suff adds to the top an d bottom lines. For the 1st time I really believe Cook gets it and he knows he has to accomplish something, not just coast off of Jobs inventions.
You were shown right about this month the very next day.
IMO, $500 is possible this month. With three weeks to go, that would imply only slightly more than half the gain rate of the past two stellar weeks.
For AAPL, IMO, it won't be sell in May & go away.
I don't think we will see the 500s until next month. That's either with a run up before WWDC or with a positive surprise at WWDC. I think we'll see 600s by the EOY, but it will take a new product category (iTV, iWatch, SDK for current Apple TV etc.) or cheaper iPhone for developing markets or fingerprint sensor with the next gen. iPhone. Apple has a lot planned for the rest of this year. IMO the next several months should be a good time to be long.
AAPL isn't going to 500. atleast this month its a dream. IMO it will never reach its high of 700 ever again unless they revolutionize the sector. I think we're going to struggle to get back to the 500 ranges.
AAPL just happens to be benefiting from the uptick in the markets right now along with shorts covering. But the real truth? this proclaimed "may correction" is upon us and aapl will be hit. We'll see 400 again, maybe even test a new low. every month for the last year we've hit a new low whats different about this one?