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7 pts

Opinion on  Apple Computer Inc (AAPL)     Sector: Technology  >  Industry: Computer Hardware
Apple is my top pick for the recession. moderate/high risk and mod-high reward

Mar 25, 2008 03:34 AM GMT
Return Risk
-10.61% MID
Sr. Analyst

apple is expanding overseas (china, singapore, india). this will boost their revenue and carry them while the US dollar is done.

I think it is a good company to invest in during the recession because it wont be so dependent on the US economy. Although it would also do alright and hold steady if it were only a domestic company.


AAPL:  This call was made on 03/25/08 @ $139.96001
Rating:   Positive   $139.96001 (03/25/08)
Closed:   10/03/2008 @ $97.07 (-30.64% in 192 days)
Target:   $180.00 (+28.61%) in Six months


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abates   N/A     1 point   commented 619 days ago reply

Won't China and India soon be feeling the effects of a U.S. recession, and won't Apples products be much more expensive in those countries because of the weak dollar.
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rmarty   46%     1 point   commented 611 days ago reply

yes, but Apple products would only be available to the upper class anyways, recession or not. Apple products are bought whether the economy is good or bad. Look at Apples sales record for Q1 2008.

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Who voted on this idea?
roe343 N/A 03/25/2008



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rmarty previously rated AAPL
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