Is Apple Still A Strong Buy?

Discussion in 'Apple, Industry and Internet Discussion' started by Squilly, Jan 24, 2013.

  1. macrumors 68020

    Squilly

    Joined:
    Nov 17, 2012
    Location:
    PA
    #1
    Investors/analysts on many sites say Apple is going down. There are others that say its the best time to buy after a $60 drop. Do you guys think they will continue dropping or pick back up come the next keynote?
     
  2. macrumors 603

    mobilehaathi

    Joined:
    Aug 19, 2008
    Location:
    The Anthropocene
    #2
    I'm maintaining my long position. But ive been long for a while.

    I hope you're not planing to take any internet forum advice too seriously.
     
  3. macrumors regular

    Joined:
    Sep 6, 2012
    #3
    for the last 4 months now, apple stock has been a downer, hardly any gains even with good economic news. i wouldn't touch apple now. i'm sticking with apple, thats because i lost a lot of money off it because of the selloff yesterday. i have no choice, but if i can figure out a way to break even with apple, i'm selling that stock and i aint looking back.
     
  4. macrumors 6502

    Joined:
    May 3, 2012
    Location:
    Michigan
    #4
    Sell off yesterday? Apple has dropped over $325.00 in the last few months. Apple is the new love to hate company. Report record profits, stock still drops 10% - Not good enough for the street. I see a $400.00 bottom in late feb, followed by a March $200 jump after they announce new gadgets.
     
  5. thread starter macrumors 68020

    Squilly

    Joined:
    Nov 17, 2012
    Location:
    PA
    #5
    Agreed. Don't know what to expect in the March keynote though.
     
  6. macrumors 68020

    Joined:
    Jan 22, 2009
    #6
    I am getting ready to buy more!
    2 shares or so.

    Fundamentals are really good, if not excellent, and competition from Android tablets is not really as bad as seems (someone wrote the cheap android tabs hurt the brand).
     
  7. macrumors 6502

    Joined:
    Aug 9, 2012
    #7
    Why? why has this changed all of a sudden? who starts these almost like tantrums and takes the hump in deciding people should boycott them?

    Since Christmas all I ever heard was iPhone and iPad's for Christmas rave.

    Who sets these trends that decide not to buy...
     
  8. macrumors 6502a

    TheHateMachine

    Joined:
    Sep 18, 2012
    Location:
    Houston, TX
    #8
    It might be record profits but the growth is becoming stagnant. Apple made more money than ever but they made nearly the same amount of profit as the last quarter. They margins are compressed and their cost is on the rise.

    That is why people are lowering their valuation of the stock and either dumping it because the ride is over and paying less for it.
     

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