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Jan 25, 08 - 11:38 am Comment from: TowerTone

"Apple shares are low hanging fruit"

That what Eve said....

Jan 25, 08 - 11:50 am Comment from: Predrag

Well, the only question today is whether those apples (or should I say, AAPLs) are ripe for the picking, or do they still have room to grow bigger and consequently lower (for the picking, that is).

I had to bail out in the end, in order to avoid losing too much. Sitting on the sidelines, I'm still not sure if the time is right to jump in. I did put in a small portion (10% of what I had) into some AAPL options; being a Mac guy, I have infinite confidence in their execution and happen to agree with all these analysts. Still, as much as they are right in principle, the recession talk is still not over.

Buying and holding AAPL, though, is definitely a no-brainer. Two years from now, we'll be enjoying serious profits.

Jan 25, 08 - 11:55 am Comment from: Ampar

"Ockham Research"

Well, that's pretty obvious. Go for the simplest solution.

If so, where are the buyers?

Amazing how investors in a company that has come so far on the strength of the marketing skills of a Showman CEO are wise to the hype, know it will not last, and take their profits as soon as there is a hiccup.

Well, hiccup came when the Showman lowered expectations and said sales of his toys may have hit their peak.

If he had only said something about increasing the focus on the serious side of the business, reaction may have not been so costly to him and his shareholder hordes.

Apple ought to get cracking on a stock buyback now that it's low like this.

@Really
Visit an Apple Store for an hour. I promise you the Showman won't be there, but his visionary products will be.
Go ahead, play around with some of them.
Then, go visit a MicroCenter and hang out for another hour
and see if you can stay awake playing with the 3rd party conglomeration of pieced together hardware and software.
Sure, we Mac users are fickle...but it's the short term daytraders and portfolio leveling brokers who make the hiccups, pal. The true Apple lovers are in it long term.
Look at AAPL the last 5 years and drool. Again, Apple's numbers didn't bring AAPL down, the world economy did.
So, I say REALLY, to your "really"

"may have not been so costly to him and his shareholder hordes."

I like to think of these as little gifts that appl gives its shareholders in the form of a buying op.

Jan 25, 08 - 12:23 pm Comment from: ChrissyOne

@ Ampar

I hope the all buy iPhones soon, to replace Ockham's RAZRs.

Jan 25, 08 - 12:28 pm Comment from: Ampar

C1: Nice! And Motorola? Well, in theory that should friar.

The world economy did not bring Apple down. A well orchestrated sell off by the big hedge funds did it. Apple will rise again.

@Georgy Porgy:

absolutely right! go to an apple store and look at the crowds of folks in there....those are the buyers! the tipping point is coming...

Jan 25, 08 - 01:00 pm Comment from: ChrissyOne

My friend Leon is also a low-hanging fruit.

Jan 25, 08 - 01:09 pm Comment from: Ampar

Johnny: "And Leon is getting laaaaarrrrrger."

Jan 25, 08 - 01:13 pm Comment from: baxtrice

Stop me if I am going to fast, I don't understand all this doom and gloom predicted for Apple because the stock went down. Common sense and study of the market tells us that after Christmas is always a hard time. (For everybody) People don't buy because they bought for 3 months straight prior to X-Mas day. It's only the first month of the year and I am sure Jobs & Co. have many more surprises up their sleeves. Until then, exercise common sense.

Jan 25, 08 - 01:34 pm Comment from: ChrissyOne

Guess I picked the wrong day to stop sniffing glue.

I'm hanging like a plumb-bob here.

Last chance to buy AAPL below $130... again.

rise by the hedge,
die by the hedge.

Steve should have split the stock when it was above $150.

The gentleman is correct. Their earnings call results show that Apple is on a tear. ALL of their product lines have done well and will continue to as the year progresses. Imagine what iPhone sales will be as they open up the rest of the world with the product, not to mention the deferred revenue stream that comes with the sale. Now is the time for buyers to grab some of that " low hanging fruit ".

Jan 25, 08 - 04:40 pm Comment from: theloniousMac

It's amazing that this simple analysis of Apple is still news to people.

Actually, I would agree that Apple should buy back stock at this low point so when its 250 they can show super profits, .....

but.....

I am sure that there would be those that would try to Sue Apple for manipulating the stock market cause they know their stock is worth more and will climb so if they do anything, they risk FCC or investor lawsuits.

Its a crazy world out there, and I say "Lets blame the lawyers!! "


en

Me too...I have some low hanging grapes.

Jan 25, 08 - 06:02 pm Comment from: LorD1776

How about we hang the lawyers by THEIR low hanging grapes?

Apple shares are low hanging fruit

...and getting lower.

Last chance to buy below $131!!

Or the wrong day to stop shooting heroin. Have you ever been in a Turkish prison, Crissy One?

I think the shares will head lower in the short term. A lot of the stock has been in "weak" (momentum traders and Cramer followers) hands.

The problem is that even if I'm right, no one will ring a bell and tell me to buy at the bottom. To easy to sell at $130, watch them go down to $120 and then... "boom", they go back to $140. And before you know it, you're selling low and buying high.