Apple has said they want to make a big acquisition. Wouldn't want to be short when that is announced. Shorts will get killed.
PE is now under 10. Trading like a utility stock. Traders believe innovation at Apple is dead and no future "cool" products are coming. Risk/Reward seems pretty safe to buy at these prices especially factoring in the 2% dividend.
Apple going the way of Intel, Csco, and Msft. Destine to languish until Cook is replace or a major acquisition is made. Until Apple is more than a iPhone company better investments can be made elsewhere.
Agree. Cook has done nothing to increase shareholder value.. He needs to go. I think he is too old to run the company. Get from fresh new blood and ideas in there
Tim Cook is sitting on all that cash which is worthless to shareholders. Apple needs first and foremost to expand their business and make some acquisitions. Pandora, Netflix, Tesla, yahoo. They are a one trick dying pony.
mobileappy, sounds like you are nervous with all your posts....I suggest you cover your short. Bad news is all factored in. This is a turn around play now. Mark this post, it will be in the high 20's by EOY
don't fall in love with a stock.....stocks are only a vehicle to make profit. Profit can be made on both the up and downside. Risk / Reward favors down at this point.