Monday, October 22, 2012

AAPL: More on Apple: Shares are rebounding today...

10:39 AM More on Apple: Shares are rebounding today with the help of bullish comments from Goldman's Bill Shope, who declares shares oversold. "We continue to believe the best time to buy Apple’s stock is amid periods of supply-centric concerns," Shope argues ahead of Thursday's FQ4 report, while asserting Apple will be able to raise production and meet demand this quarter. BTIG's Walter Piecyk is more cautious, believing iPhone 5 shortages could translate into lost sales. (Read the comments on this)

See more Market Currents on Tech, Quick Ideas

Recent articles on AAPL:
At $610, Apple Is Again A Buy by Adam Levine-Weinberg


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