Compared to other tech stocks, AAPL got hit quite a bit harder by the recent pullback in the markets. I feel it's a bargain at this price given recent highs over $200. Even if it only manages to test those highs before pulling back again, you're still looking at around a 60% potential gain. iPhone SDK will be released soon and a 3G-capable iPhone will be out in a few months (and I'll finally buy one). The MacBook Air is still selling out in most Apple Stores, including the online Apple Store even though it's been available for a month now. Apple Stores are still packed, despite all the talk of a possible recession. Hard to go wrong at this price.
$121.99 (03/04/08)
