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Steve Nix

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Steve Nix

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Monday, 07/15/2013 12:55:47 PM

Monday, July 15, 2013 12:55:47 PM

Post# of 147334
From what I have seen, this sums it all up pretty well (by MoneyShow.com):

"Apple is going to have to come up with a new popular device that shows it can still innovate, whether that is a true iTV, wearable tech like an iWatch, or something else in order for the stock to gain momentum again.

Meanwhile, the company continues to generate tremendous cash flow and the stock is inexpensive.

It remains a formidable company that we believe still has some new products up its sleeve. It is likely to take a compelling new one to really get the stock moving again.

Somewhere around the $400 level appears to be the floor for the stock. We continue to rate Apple a “Strong Buy” for patient investors. Our target is $600."

Read more: http://www.minyanville.com/sectors/technology/articles/Apple253A-Beloved-to-Hated253F-AAPL-apple/7/15/2013/id/50820#ixzz2Z8MATGzC
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