“With an earnings beat, Tim Cook has put Apple stock in a position to succeed sooner than it otherwise would have,” Jason Schwarz writes for Seeking Alpha. “Earnings surprises have been difficult to come by in the Cook era. The latest stock rise of 8% is its biggest single day jump in more than two years.”

“Tim Cook’s timing of the stock split, dividend and buyback looks to be perfectly in sync with a return to fundamental growth,” Schwarz writes. “There’s no question that this earnings report marks a pivotal point in Apple’s breakout. As long as Apple is appreciating as its own asset class there is little reason to diversify into other holdings.”

Schwarz writes, “Most of us remember what it’s like to invest in Apple when it’s running time. There’s nothing else like it. Today we sold the 5% allocation of UA and we’re also selling a 15% allocation of QQQ in order to free up additional cash for Apple.”AAPL, analyst upgrades, Apple, Apple 7-for-1 stock split, Apple buybacks, Apple dividend, Apple iTV, Apple price target, Apple Q214 earnings, Apple stock, Apple stock split, Apple TV, Horace Dediu, iPad, iPad unit sales, iWatch, new categories, new products, Q214 iPad sales, Tim Cook

Read more in the full article here.

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