We kick this one around from time to time.
Latest targets from some respected analysts is still $250/share. Reality is that Apple stock continues to fall even though the Steve health issue has been "somewhat" laid to rest. Next quarter guidance was part of the problem BUT Apple is always conservative and the confirmation of a "new product" should have offset some of the negatives on the guidance. Plus, the iPhone 3G sales will be booked in this quarter - and their sales are booming!
The financial sector downdraft is horrible, oil has retreated some - but Apple share price - IMO - is sliding faster than I can understand.
And yes - we all know - buying opportunity.......
Latest targets from some respected analysts is still $250/share. Reality is that Apple stock continues to fall even though the Steve health issue has been "somewhat" laid to rest. Next quarter guidance was part of the problem BUT Apple is always conservative and the confirmation of a "new product" should have offset some of the negatives on the guidance. Plus, the iPhone 3G sales will be booked in this quarter - and their sales are booming!
The financial sector downdraft is horrible, oil has retreated some - but Apple share price - IMO - is sliding faster than I can understand.
And yes - we all know - buying opportunity.......