its $440 premarket.....to me Im holding it as an investment till the next line of products is released, you get $1/month in dividends per share while you wait. The traders and analysts are killing this stock. Anyone who has any long term vision can see this is still THE BEST BLUE CHIP to own.
1.its priced low
2.its got exciting new products coming out in the next year(does coke?)
3.it has a retail footprint none of the other past failed tech giants had
I feel like the 40,000 hired employees signal something big coming and I also imagine an Itv being released would boost not only revenue but the sheer number of itunes users bc people who owned an Itv would be able to buy/rent movies in their living room and there would no longer be need for redbox trips. Also older people who dont know how to download on torrents and connect their HDMI cord from laptop to Tv would now be able to simply purchase a movie and Itunes will be gigantic. I'm an investor not a short term trader and with the cash on hand and growth in the dividend apple could be a great stock over the next few years WITH NO GROWTH thats why the Russian Billionaire dropped $100M into it
This post was edited on 5/15 at 8:20 am