“While most continue to have a laser beam focus on the iPhone 5 for the immediate term with Apple (AAPL), we think it has something much bigger in the works. Bigger? Yes, much bigger, and it’s in front of your face,” Follow My Alpha writes for Seeking Alpha.
“What is it? The iPad. We’re sure there will be plenty of comments saying we already know about the iPad, but the reality is few really understand what it entails for Apple,” Follow My Alpha writes. “Why do we think this? If the majority of people truly had such amazing insight into technological innovation and Apple, we would have a lot more US multi-millionaires solely from investing in Apple stock.”
Follow My Alpha writes, “In our view, Apple is about to transform again as a company, given that it’s now not only the leader in new markets that never existed before but is also creating them. The iPad, in our view, will be far bigger and more successful over the long term than everyone realizes except perhaps Steve Jobs himself. This is why we feel that Apple is still a Buy even as it pierces new highs in the market.”
Read more in the full article here.
[Thanks to MacDailyNews Reader “GetMeOnTop” for the heads up.]