NASDAQ:AAPL

Apple Inc (AAPL)

347.73
-0.50 (0.14%)
as of Oct 23, 2026, 8:00:00 pm Market Closed.
2022 watching
0
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.
BUY
Rim (RIM-T) or Apple (AAPL-Q) for a 3 year period? A tough call because both companies have their own merits. Apple seems to be doing very well in anything that appeals to consumer tastes. You could buy both. Both will win because of the trend towards flat phones and will be successful in their own ways. If he had to pick one, it would be Rim because it is trading at about 5 multiple points behind.
TOP PICK
Cheapest stock in his portfolio right now. He can make an argument that it is trading at 12 to 13 times earnings next year based on the $30 a share in cash and their understated earnings. Continually coming up with innovative products.
PAST TOP PICK
(A Top Pick June 19/09. Up 16.52%.) Sold 5.2 million iPhone's in the last quarter. Estimates for the next quarter are going sky high. Buy on weakness, possibly $150.
BUY
Likes the stock short and long term. Beat estimates on both earnings and revenues. Laptop and notebook sales were better than expected and sees this continuing.
COMMENT
Steve Jobs is back and apparently healthy is a huge plus. Came out with an Apple for $100 will put a lot of apples in people's pockets. Most interesting and creative of all the high-tech companies. He is not buying because of his caution about the US$.
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