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NASDAQ:AAPL

Apple Inc (AAPL)

297.24
-0.77 (0.26%)
as of Jun 18, 2026, 11:59:56 pm Market Open.
1051 watching
0
BUY
Fairly valued at these levels. The success has been about revenue growth and gross margin expansion. Yesterday’s release showed a slip in gross margin growth. If you see this happen repeatedly, the stock could slip. The key to go from here is to show they can maintain those margins.
BUY ON WEAKNESS
Stock has had a very good run and is trading at a much higher multiple than RIM (RIM-T). Would wait for a hiccup.
BUY
On a fundamental basis he sees RIM (RIM-T) and Apple (AAPL-Q) as good companies. Smart phones are an area of growth globally. Of the 2 he feels RIM is more fairly valued.
PAST TOP PICK
(A Top Pick June 19/09. Up 38.1%.) Brand name for the iPhone and iPod are dominant. A catalyst coming up will be the Tablet in 2010.
PAST TOP PICK
(A Top Pick Dec 19/08. Up 120%.) Good management and innovation. Great broad spectrum of products. A hidden gem is the Apple App store. Still a Buy.
DON'T BUY
Expensive stock with a 31 PE. Thinks there will be a dogfight in the first smart phone space.
BUY
His top holding.
BUY
It’ll have a little choppiness. They are one of the top companies by capitalization.
SELL
(Market Call Minute) Trading at a record level – what are they going to do as an encore.
PAST TOP PICK
(Top Pick Oct 8/08, Up 123%) Owned it since before the iPhone. It is cheaper now at $200 than when he bought it at $65. He had to trim it recently because it became too dominant.
TOP PICK
Cheap now as in the past 3 years they have owned it. They have $37 of cash on the balance sheet. You have to be looking at the non-gaap earnings. The $1.82 they reported would have been $3.14 on a regular accounting basis. The new tablet computer is a drive fro growth but the MAC has grown only 9% and there’s lots of room there. Great new products on the MAC side. One hidden gem is the Apple iStore.
COMMENT
Has done very well. Likes it longer-term. Company historically has always given very conservative guidance. At the present price it will have to post a very strong quarter with some pretty positive guidance going forward. IPhones and PC sales have been doing very well but the market is looking for new products. A lot of cash on the balance sheet.
SHORT
Shorting Apple (AAPL-Q) and Long on Rim (RIM-T)? Agrees going Long on Rim and Shorting Apple would be a pretty good hedge. Rim trades at about 14X forward earnings and Apple trades at close to 26X-27X.
BUY
Shudders at valuation, but likes where these guys are positioned in the smart phone market. These are the kind of stories that you buy and put away for 5 years.
PAST TOP PICK
(A Top Pick June 19/09. Up 33%.) 21 million iPhones since they first introduced them in 2007. Everyone is looking forward to the Tablet. Trading at about 32X forward earnings but the growth is phenomenal. He trades in and out of this one.
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