brewer

RBC Bullish on Apple: Strong Back-To-School Mac Sales; “Sustained iPhone Momentum”

The 'institutions' and 'analysts' have been dead wrong about APPL for years now. Why would that change all of a sudden? A lot of folks were riding the iPhone wave, and they have hopped off. But it's not going to continue to fall in my estimation. (I am not a stock analyst.) Apple was in the 90's before iPhone, after all.

No one 'annointed' Apple, they have gotten where they are more desipte the constant dismissal of wall street rather than because of any 'annointing'. Where does anyone get that Apple is anointed? That is a bizarre statement.

If any companies are 'annointed' it's the PC companies. Look at Dell for example. They are having to restate all their earnings and still no drop. Meanwhile, Michael Dell has been begging to sell OS X because no one is really interested in Windows. He is trying to sell Ubuntu, etc.. good luck with that! Microsoft is in huge trouble over Vista, which no one outside of their PR department has anything good to say about. Still the stock has only gone down a few dollars over the flatline it's seen for years now. They continue to lose money on XBOX and Nintendo is killing them with Wii sales. No boost from Visa sales though, so what does that tell you?

Market is simply quick to judge and take profit from Apple. This will change eventually, but it takes a lot of time. 5 years of near 100 percent profits hasn't done it yet. :-)