Investors are expecting strong sales and profits from Apple

Posted By on August 6, 2012

aapl120806At this point I’m still happy to be an Apple shareholder, although worry the current two week 10% stock price rise could be a little much for $AAPL. That said, the demand for their superior technology products coupled with their above industry profit margins … and devoted buyers … should keep the company flush with cash, but the tough economy, higher labor costs at Foxconn and risk of botching a product release, could trigger selling. For now, it looks as if the positives (the new iPhone5, smaller tablet and Apple television product) are all buy signals and are moving the stock price up near its 52 week high.

Comments

  • Well, glad to still be hanging onto $AAPL which closed at $648 as of 8/17, partially due to my focus on mom and being busy with work … never the less it was good not to have sold. The upgraded target at Jefferies from $800 to $900/share was promising too.
    http://finance.yahoo.com/q?s=AAPL

Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.