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9 pts

Opinion on  Apple Computer Inc (AAPL)     Sector: Technology  >  Industry: Computer Hardware
AAPL

Jun 14, 2008 08:23 AM UTC
Return Risk
-42.66% MID
Analyst

I just think the $225 target price of apple is just too far fetched. Apple is going to fall back to what it was late 4th quarter of last year. The economy is just to harsh right now for companies like apple and I think the release of the 3G IPhone is just to early. People right now are more concerned with the basic necessities of life not luxury.

AAPL:  This call was made on 06/14/08 @ $171.25
Rating:   Negative   $171.25 (06/14/08)
Gain/Loss:   +48.95% in 171 days
Target:   $92.00 (-46.28%)


Comments (6)

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Th_l_a32abaa4a851d0e470df8e115cd8cff3
Robin Williams   17%     1 point   commented 171 days ago reply

Amen....It's time to buy AAPL!
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Mike Lee   41%     0 point   commented 170 days ago reply

totally disagree. AAPL is on a bullish move steadly. it will increase more when the 3g iphone is launched in july. but i would more focus on V. bullish VVVVVVVV
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Chirs_seaturtle
Market Speculator   61%     1 point   commented 171 days ago reply

tons of support yesterday...i'd be weary of a short with support like that. Plus Cramer said to sell...
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EGHBAL ZAZAY   N/A     0 point   commented 165 days ago reply

how are you
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Sad
Kenny Shen   64%     1 point   commented 164 days ago reply

There will be demand though. Just this week, 3 of colleagues started arming themselves with the flat phone....
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cconway1   N/A     0 point   commented 161 days ago reply

Apple will remain bullish, and I can see them hitting the $225 target. Computer sales generate the majority of their profits (something like 60%), and I predict the trend of switching from PC to Mac will continue. The iPhone will continue to shine as well, especially with AT&T's generous subsidy that brings the consumer price down to $199/$299 for the 3G iPhone (8gb/16gb respectively), and AT&T will even let current subscribers upgrade to a 3G at those prices. Good luck with your short...

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Who voted on this idea?
vtvick777 13% 06/14/2008
Th_l_a32abaa4a851d0e470df8e115cd8cff3
Robin Williams 17% 06/14/2008



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