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Apple (AAPL +0.8%) continues underperforming following its expected iPhone announcement, perhaps...

Apple (AAPL +0.8%) continues underperforming following its expected iPhone announcement, perhaps due to ongoing fears about iPad shipment cuts. However, Piper and UBS are once more issuing bullish notes, believing the iPhone 5 will see strong pent-up demand. Piper expects Verizon (VZ) customers to be especially eager to buy the device.
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Comments (3)
  • Wyatt Junker
    , contributor
    Comments (4503) | Send Message
     
    So... all this company does now is crap out new iPhone iterations & the stock is supposed to go higher?

     

    Its like Rocky 17. An aging Balboa throwing haymakers at little children at playgrounds in his lark scooter.

     

    I can't wait for iPhone 25. It'll have a new feature. Probably slicker, rounder edges.

     

    HAHAHAHAHA.
    27 Sep 2011, 02:15 PM Reply Like
  • mickeystoysz16
    , contributor
    Comments (323) | Send Message
     
    Do you think aapl may be lagging due to sector rotation? Look at the commodities and cyclicals that got hit harder on the down days. They are rallying more on the bounce. Or is ipad shippments the limit of your thinking?
    27 Sep 2011, 02:28 PM Reply Like
  • SA Editor Eric Jhonsa
    , contributor
    Comments (873) | Send Message
     
    The NASDAQ is up 2.7%, and many large-cap tech names are up strongly. I don't see a lot of sector rotation out of tech today.
    27 Sep 2011, 02:32 PM Reply Like
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