07:41 AAPL (bbotcs, I think you are right; expect a bounce but don't know exactly when it starts)
Apple: ISI belives the sell-off creates opportunity; stock should be viewed holistically (538.79)
ISI notes, following today's sell-off, AAPL stock has pulled back ~25% from late Sep-12 highs and has left an indelible mark on the investment community's psyche witnessed by increased volume, volatility, etc. Multiple factors have weighed on sentiment including: 1) comments from T suggesting Dec-12 smartphone activation growth could be limited, 2) lack of conviction on a special dividend, 3) weak technicals, 4) year-end tax planning, etc. ISI recommends investors stay the course in AAPL. While many are concerned over supply and GM, ISI believes investors should look holistically at the big picture: 1) availability is improving, and 2) AAPL products remain the "gift of choice" this holiday season.
Focus Focus Focus Focus !!!!
