“So much has been discussed about PC battles, about who is taking market share from whom and about who is winning the fight. The problem is, the real loser in this battle is the shareholder. The buying customer, of course, is winning as PC prices have been driven down in an effort to capture market share,” Georges Yared writes for Blogging Stocks.
Yared writes, “If you must have exposure to the hardware space, DELL and HPQ are not the stellar investments they once were while AAPL has massive leverage and momentum in place. I think the choice is clear.”
“Apple has innovation and uniqueness in its product line such as with the iPod and the upcoming iPhone. Apple can therefore protect its pricing models and its margins. This is a winning situation. Apple has growth in both revenues and earnings that will lead the stock well past $120 per share over the next 12 months. So much is discussed about the iPod/iPhone, but there are other dynamic forces at work. Software products and the ever improving Mac computer will also drive strong margin and earnings momentum. CPU market share gains are also impressive,” Yared writes.
Full article here.
Georges Yared: ‘This is the time to accumulate shares of Apple, Inc.’ – February 20, 2007