The latest buzz about the iPad 3 or a potential dividend has pushed Apple (AAPL) shares up 24.1%...


The latest buzz about the iPad 3 or a potential dividend has pushed Apple (AAPL) shares up 24.1% YTD. Jeff Hirsch notes a "fairly repeatable and predictable product announcement and update cycle" in AAPL through the years, so if AAPL's surge succumbs to profit taking, its enormous market cap would burden the S&P 500 and Nasdaq 100 via its outsized weighting in SPY and QQQ.

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  • mike946
    , contributor
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    So the reason for AAPL's growth is actually "the latest buzz" about what might (teeter-totter, crash & burn) happen latter with the IPad3 or a dividend program. or Not. It's just the market trying to catch up to the fundamentals - and it has a way to go.
    14 Feb 2012, 09:07 PM Reply Like
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