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re: Apple Earnings Report

Posted on 4/28/16 at 9:34 am to
Posted by LSU1018
Baton Rouge
Member since Feb 2007
7226 posts
Posted on 4/28/16 at 9:34 am to
I don't think anyone expects Apple to continue you to perform the way it has been the last few years but let me know any stock that you think will. (so I can buy it )

My belief is that Apple is a really safe stock to buy at the current price for long term. The dividend is over 2% and obviously is not in any danger with all the cash they have on hand. I think the Iphone 7 will give a short term bump in the price once it is announced. The apple carplay will be in tons of vehicles in the future. I haven't played with their apple music but I've heard it is similar to spotify.

This is all assuming that they aren't developing something completely different that could be a success which is where the upside comes from. I sold most of my stock at 112 but I'm planning to buy back in shortly. I was kind of hoping it would get to 94-95 range first.
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