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4 pts

Opinion on  Apple Computer Inc (AAPL)     Sector: Technology  >  Industry: Computer Hardware
Buy When It's Down

Jan 25, 2007 08:46 AM GMT
Return Risk
-7.66% HIGH
Tracked Blogger

Via invest4today.blogspot.com/:  

The best time to get into a hot stock is when it is taking a "breather." Take a look at Apple (AAPL). With the stock selling off because of declining iTunes revenue is no reason for the stock to drop from $93 to $86. I would still consider setting a stop-loss to avoid any unnecessary pain.





Update 05/21:
Via invest4today.blogspot.com/:  



There is no question that the late June debut of the Apple (AAPL) iPhone will create a lot of stir. Much of the hype is already priced into the stock. Or at least most of the hype will be priced into the stock before the iPhone debuts in about a month. I still think you a can stay long Apple until the release. Apple will have a tough time selling the iPhone. An initial $500 price tag for a 4 GB music phone and a $600 price tag for a 8 GB phone will be too steep for most consumers. Still many iPhones will be sold and I remain bullish on AAPL.

Who Else Will Benefit?

1. Research in Motion (RIMM): Many of the same features of the iPhone can be had for a lower monthly fee and lower upfront cost with a Blackberry. The Blackberry Pearl runs between $59 and $149 depending on the carrier. Plus the data fees are $10 less per month than the iPhone. I believe consumers will upgrade their cell phones this summer and choose RIMM over the iPhone.

2. AT&T (T) will be a winner no matter what happens. AT&T is the exclusive carrier of the iPhone and will gain wireless subscribers. More importantly more consumers will add media bundles to their wireless plans when they upgrade to a "smartphone" in order to use all of its features. This is a homerun for AT&T, as the average revenue per user should increase with more "smartphone" subscribers.

3. Motorola (MOT) is my sleeper pick. Hovering near its 52 week low, I see lots of value MOT. Motorola has the RAZR 2 set to debut in July and the Q9 smartphone also set to debut shortly. The Q9 will put added pricing pressure on the iPhone and Blackberry Curve & Pearl.

One important thing to remember is that these cell phone upgrades come in cycles. I would never "invest" for the long haul in any of the above names. These are simply 6-8 month "trades."

Note: I am long RIMM





This is a tracking account  [?]   SocialPicks is not affiliated with Big Ben. The POS/NEG sentiment is automatically determined by SocialPicks from this blog post and should not be recognized as a position recommendation by Big Ben

AAPL:  This call was made on 01/25/07 @ $87.11
Rating:   Positive   $87.11 (01/25/07)
Gain/Loss:   +157.89% in 1149 days
Target:   $86.00 (-1.27%)


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Who voted on this idea?
Bauer24
demo24 61% 01/25/2007



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