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A Good Time to Buy Apple

I find it interesting that because some areas of the economy are crashing you seem to think ALL of it is. In the great depression unemployment was at 24%, that means employment was at 76%, the housing crisis affects 8% of home owners, that means it does NOT affect 92% of home owners. people still shop, its a stress reliever, teens still buy toys, 20's still buy phones and computers as they are building their lives and don't have the history to know what this economy means.

Apple will be the leading company coming out of this mess and earlier than any other company. Unless you believe the world is coming to an end or that civilization is going to revert back to the dark ages computers will be needed and Apple is the leader in the private sector and gaining in the industrial sector, it owns the phone sector, it owns the music sector, it owns the applications sector, it has no debt, 28b in cash and more innovative minds than any other company.

Lets also not forget that the guy running things while Jobs is recovering is the guy that fixed Apple and made them the powerhouse they are today.

Look for Apple to hit $124-$134 mid to late summer. Just my two cents

Apple's Balancing Act: 3G iPhone vs. Jobs' Health - Barron's

...and you are using eric as a reference? just because HE doesn't believe it, just because HE thinks the sell off stock indicates that Apple is not fully disclosing... are you kidding? maybe a real job in journalism might do you some good, or a writing class or even a class in investigating facts, or having your own opinion.

As for you weak reply to another commment that you guys don't short stock, ahhh ha ha ha please, you must really think the readers and shareholders of Apple are stupid.

$1.2 Billion in iPhone Apps? Not Likely.

how much is a gameboy or other hand held game? $80-$120 plus the price of a game, what do you think a parent will do when given the choice? I gameboy that's just a game or an iphone or itouch that has many times the options not only for games but for music, not to mention the educational apps that will be built. As for parents with teenagers what do you think? iphone is not that much more that the typical $80 phone yet it gives them gps to locate their kids at all times as well as advanced educational apps, music, phone, etc. I think Mr. Munster (the first guy to say Apple over $200 long ago) is on the right track as far as the apps store and the number of phones for 2009.

Taking Some Profits in Apple

Last Dec I had 2000 shares, then, well we all know what happened, and I bought another 1000 shares. With the new iphone coming, with all the outside apps coming for the iphone, with the ever expanding global iphone deals, with the ever expanding retail stores, with the percentage growth of mac, air mac, servers...that no one talks about, automotive deals with MB and Volkswagon, the possibility of becoming its own cell service provider, and lets not forget the itunes expansion, the HBO deal, the movie studio deals, what else? hmmm oh yes, there is rumor of a video console on the way that will hit the gaming market the same way the iphone hit the smart phone market.

I wonder about all the people that buy and sell Apple every other day, take a few $'s profit and give half to uncle sam, what's the point?

A prior comment touched on a potential sticking point when the stock gets close or at its Dec peak of $202, I think Apple has learned a few things about that and once it goes over $200 Apple will announce a split.

Can you imagine Apple suddenly at $100, that stock will jump $50-$75 in a heart beat. Long Long Long.... my 2 cents

Is the Commodities Bubble Popping?- Fast Money Recap (4/29/08)

$150-$200 before $90? what are you smoking? You need to understand the trucking industry before you make dumb statments like that. I had a thriving business selling custom parts to the trucking industry, when diesel started climbing extra $ to spend went away immediately, with a gallon of diesel is $4.30, less and less drivers are willing to bust their ass to make less and less money so they just park their truck and look for other work. While speculating on oil should not be allowed as it completely screws our economy, 90% of everything is moved by truckers, those same truckers are organinzing a freeze out, which means NO trucks will be onthe highways for 7 days, no cargo, no frieght, no food, no fuel, NOTHING.... what effect do you think that will have on the economy? I'm guessing the government will have no choice but to get involved and install regulations that demand speculators put up 50-70% of the money to cover the games they are playing with stocks, once that happens the amount of risk goews up and the amount of games being played goes down.