NASDAQ:AAPL

Apple Inc (AAPL)

333.69
+3.37 (1.02%)
as of Oct 2, 2026, 8:00:00 pm Market Open.
2021 watching
0
HOLD
In very good shape. Smart phone market is going to continue to grow and will continue to be dominated by Research in Motion (RIM-T) and Apple (AAPL-Q). Both are still trading at pretty reasonable multiples.
HOLD
If it pulled back to $122 he would be a heavy buyer of this. Thinks this company will remain a leader as far as technology goes.
TOP PICK
Excellent momentum. Sold 11 million iPods last quarter with 9 million as the estimate. Also sold 3.9 million iPhones with the estimate at 3.35 million.
BUY ON WEAKNESS
Likes the sector and their business model. Concerned about competition in the lower end and margins being contracted. Not terribly expensive but would wait for a pullback. Prefers Research in Motion (RIM-T).
HOLD
(Market Call Minute.) Incredibly strong company.
WEAK BUY
Had an incredible run. Steve is about $10-$20 in the price of the stock. You don’t buy the stock because of him. Buy it for the iPhone.
TOP PICK
Both RIM and Apple recently reported record revenues during a recession. Anticipating new products. Very strong balance sheet, over 24 Billion in cash. Any acquisitions they make would be very small.
COMMENT
Trading at too much of a premium multiple to Research in Motion (Rim-t) right now. (He has Shorted Apple and gone Long Rim as a pair trade.)
PAST TOP PICK
(A Top Pick March 12/08. Down 26.5%.)
DON'T BUY
Would avoid this one as there is too much technological risk.
COMMENT
Research in motion (RIM-T) and Apple (AAPL-Q) in the long-term will be survivors. In the short-term, sales are de-accelerating. Consider Puts and Calls.
HOLD
Rapidly growing company with many great products. Taking PC share and iPhone has been a huge success. Apple Apps Store is potentially a $1 billion plus opportunity. Growing their earnings at a fairly rapid rate. Because of Steve Job’s health problems, initial reaction is going to be negative.
DON'T BUY
Concerned with their product durability. Product seems to break down awfully easily. Expect the iPhone will have a lot of challengers. Given global economic circumstances, people can live without the new gadget.
BUY
Although market share is below 10%, mind share (people thinking of it) is 30%. Therefore tremendous growth potential. Very high margins. Good investment on a 3-year horizon.
TOP PICK
Stock is down to about 14X earnings. Those earnings are very conservative ones.
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