Apple has been hovering in the $400-500 range past few months. I wonder if it's a good buy now.
I browsed a lot of Apple forums when I was deciding whether to buy an iPhone, and the mood in these forums ranges from worried to despondent. People are mad at Tim Cook and say Apple has run out of innovation. When iOS 7 became available for Beta testing, much of the fanbase was enraged at the changes, and some even joked that Steve Jobs had left some of his "stash" for Johnny Ive to smoke.
Many Apple fans seem to be almost in tears that Android has dominated the smart phone market, and that the evolution of Android has brought features and amenities that iOS 6 did not have.
Given the high level of angst, and apparent loss of faith in the company by many after the loss of Steve Jobs... buy AAPL?
I never buy what is "hot". By the time the commercials trumpeting how much gold is worth are airing on cable TV, it's too late. The boat has already sailed. I buy what is "left for dead" or what others laugh at. People at work called me the "Suicide King" because I bought stocks like mad during the recession.
Leaks indicate that Apple has a new iPhone 5C, which appears to be an iPhone 5 but with a cheerful color plastic shell. This lower cost unit could bring Apple much greater marketshare in places where people don't want to spend $649 on a phone (Out of U.S., in countries where mobile phone contracts and subsidies are uncommon). It may be a huge hit with kids and others who want a colorful device with Apple branding. iPad mini with Retina display is also said to be "on the way".
Apple says more innovation is "on the way". We just don't know what that will be.
So: AAPL = potential? roadkill?
I browsed a lot of Apple forums when I was deciding whether to buy an iPhone, and the mood in these forums ranges from worried to despondent. People are mad at Tim Cook and say Apple has run out of innovation. When iOS 7 became available for Beta testing, much of the fanbase was enraged at the changes, and some even joked that Steve Jobs had left some of his "stash" for Johnny Ive to smoke.
Many Apple fans seem to be almost in tears that Android has dominated the smart phone market, and that the evolution of Android has brought features and amenities that iOS 6 did not have.
Given the high level of angst, and apparent loss of faith in the company by many after the loss of Steve Jobs... buy AAPL?
I never buy what is "hot". By the time the commercials trumpeting how much gold is worth are airing on cable TV, it's too late. The boat has already sailed. I buy what is "left for dead" or what others laugh at. People at work called me the "Suicide King" because I bought stocks like mad during the recession.
Leaks indicate that Apple has a new iPhone 5C, which appears to be an iPhone 5 but with a cheerful color plastic shell. This lower cost unit could bring Apple much greater marketshare in places where people don't want to spend $649 on a phone (Out of U.S., in countries where mobile phone contracts and subsidies are uncommon). It may be a huge hit with kids and others who want a colorful device with Apple branding. iPad mini with Retina display is also said to be "on the way".
Apple says more innovation is "on the way". We just don't know what that will be.
So: AAPL = potential? roadkill?