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http://useconomicoutlook2013.com/ This website strives to keep the readers stay updated with all the recent updates within the financial arena. Many of the investors have benefitted themselves by being in regular contact with our frequent newsletters and article releases.
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  • Apple Has Not Lost Its Shine, Whisper Numbers Coming In Above Consensus 0 comments
    Apr 16, 2013 4:42 AM

    Read More : http://www.investmentcontrarians.com/stock-market/apple-has-not-lost-its-shine-whisper-numbers-coming-in-above-consensus/1824/

    Apple Inc. (NASDAQ/AAPL) has been punished in the financial media and on Wall Street, having lost its edge. Trading above $705.00 in September 2012, the stock has snapped back to reality, recently declining to a two-week low of $419.00 on March 4, 2013.

    At the current price, there are arguments on both sides regarding whether Apple is worth a gamble or if it is the beginning of a new downtrend below $400.00.

    In my view, the business landscape for Apple has become much more competitive. You have "Android"-powered devices accounting for a large portion of the smartphone market. This is mainly thanks to the overwhelming success of Samsung Electronics Co. Ltd.'s "Galaxy" series of smartphones and tablets. I have both an "iPad" and a Galaxy phablet (a large smartphone with the capabilities of a tablet). I must admit after using the iPad for a few years, I actually find it much better than the Galaxy.

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