Georges Yared writes for Blogging Stocks, “Apple, Inc. closed Friday at $84.83; quietly the stock has been trading with just decent volume and some pundits are wondering what is going on?”
“What’s going on is investors and analysts don’t see near term catalysts on the horizon, and of course, the first calender quarter, second fiscal quarter, ending March 31st, tends to be Apple’s quietest. After all how do you top 21 million iPod sales from the December quarter? You don’t. You wait for the next December quarter for that milestone to be eclipsed,” Yared writes.
Yared writes, “But what investors will begin to focus on by May is the launch of the iPhone. When the iPhone is finally available, consumers will line-up for it and begin the new phenomenon. The I can’t -wait-to-get-it crowd will be singing its praises and be showing it off to anyone who has a pulse. The iPhone will be a monster success.”
Yared writes, “For investors who do not own Apple, your opportunity is here… This is the time to accumulate shares of Apple, Inc.”
Full article here.
[Thanks to MacDailyNews Reader “Dion” for the heads up.]
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