January 24, 2012
– Comments (4) |
RELATED TICKERS: AAPL
Hopefully the guys that follow my picks on the Fool.com have bought shares in AAPL before tonights blowout qtr.
One reason I like AAPL that hasn't been mentioned today is iTunes. As the government cracks down on websites like Megaupload and Pirate Bay through new legislation and enforcement of current copyright infringement laws, iTunes should see an influx of new purchases due to convenience (music, movies, and TV shows) and the ability to purchase individual songs. With the combination of iTunes, iOS5, and the devices in Apple's lineup, they might hit $500B Market Cap.
Long AAPL and now a believer in Tim Cook.
I think this company is certainly firing on all cylinders, but this quarter's numbers might include numbers lost from last quarter's with people holding back purchases ahead of new products. Next Quarter's would be more telling.
They will report earnings of about 10.50 next quarter.
I am a bit disappointed I did not buy options on Tuesday. I was afraid they would beat estimates and drop anyway.
Guys the next no brainer longterm hold is "IBM"
IBM is trading like a value play even though it has fully transformed itself into a Cloud Stock.
The Cloud Sector is reported to grow at an incredible rate of over 30% per year for the next 5-8 years.
Eventually investors will start seeing IBM as what it really is, a CLOUD Sector stock.