Apple Will Likely Become A Value Play
by Tech Picks
There is no disputing that Apple (AAPL) has achieved incredible growth in both global markets and stock price over the past decade. Apple single-handedly built a tech company empire and set a new standard for technology stocks. It's hard to fathom another enterprise matching or surpassing what Apple has done. But recall there was a time when market sentiment on Apple's shares was so negative that some investors saw Apple heading for bankruptcy. After being a company that was known for its flagship Mac PCs, Apple then introduced its next flagship - the iPod personal music player. It wasn't first in the MP3 line up, but it did revolutionize the trend in launching slick gadgets together with the introduction of iTunes. This shift then moved from the iPod to Apple's current money maker which has reigned for years now - the iPhone. read more »
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