Jim Cramer from CNBC's Mad Money thinks that Apple Computers earning report will be good this week. He also thinks they will give good guidance.
Apple has doubled over the last 6 months riding on the tremendous success of the IPOD. IPOD and accessories sales are now half of Apple's total sales!
Most understand that the IPOD will not and can not rule forever. Competition from Creative Labs and other manufacturers are heating up and prices are sure to fall. It is however the halo effect of the IPOD that will bring fortunes to Apple. Many believe that a high percentage of IPOD owners are likely to switch to the MAC from the PC. This will drive Apples future growth.
I personally won't be switching to MACs anytime soon, but I can understand why many would. MACs are good looking and trouble free - a great combo for most users.
For these reasons, I believe Apple would be a good trade at least for the short term to take it a few points higher.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment