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re: Apple is approaching $400....would you buy it before earnings?

Posted on 4/17/13 at 9:30 am to
Posted by LSURussian
Member since Feb 2005
127275 posts
Posted on 4/17/13 at 9:30 am to
It's still too early to tell if Jobs' successor can keep AAPL leading the way like Jobs did.

APPL's lofty price has always been based on expected growth from innovating new products. Can the new guy continue the innovation?

Uncertain so far. Hence, too much uncertainty for me.
Posted by OnTheBrink
TN
Member since Mar 2012
5418 posts
Posted on 4/17/13 at 10:01 am to
quote:

APPL's lofty price has always been based on expected growth from innovating new products. Can the new guy continue the innovation?


THIS!

Also, didn't they report record breaking earnings last quarter? What did that get them?
Posted by homeskillet
Huntsville, AL
Member since Dec 2011
225 posts
Posted on 4/17/13 at 11:48 am to
So do you think poor earnings are already priced in? I have been thinking about taking the little I am still up and moving over to vanguard funds. I don't think I will do any better as an individual investor, probably worst honestly. Felt like a genius when it was way up, but there is that reality that beating the indexes is a MF to do, even for money managers, I am a network engineer...
Posted by LSU0358
Member since Jan 2005
7920 posts
Posted on 4/17/13 at 1:15 pm to
quote:

too much uncertainty for me.


Exactly. This stock has a lot to prove before it should be considered a buy IMO.
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