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6 pts

Opinion on  Apple Computer Inc (AAPL)     Sector: Technology  >  Industry: Computer Hardware
A Time to sell

Nov 12, 2007 04:07 PM GMT
8503
Return Risk
+9.16% HIGH
Sr. Associate

Everything is on fire right now and apple is no exception, this is the time to sell. It is looking like we will have a slower then expected Christmas sales, and with that the iPod and iPhone and iMacs will all get  hit in the slow down.

What apple could do to set sales on fire is lower the iPods by $50 bucks on all models... That would send them into huge sales for Christmas but since they of course won't do this, expect this to be a weaker then expected quarter.

With all that being said this is a time to sell, and maybe come back in Jan-Feb


AAPL:  This call was made on 11/12/07 @ $163.75999
Rating:   Negative   $163.75999 (11/12/07)
Closed:   11/13/2007 @ $167.55 (-2.31% in 24 hours)


Comments (2)

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