Comments on: Apple Computer Inc. Predictions

By: RawGreed.com - Stock Updates, RawGreed Awards, Business Gossip » Blog Archive » Good Morning, lets get started

Fri, 02 Dec 2005 15:43:57 +0000

[...] This morning we opened slightly lower. I expect to see the market reverse and close up today. AAPL, Apple Computer Inc. just touched above $72. On September 23rd, 2005, when AAPL was trading at $53, I predicted that AAPL would reach $70 by the end of the year. I predicted that all time high for AAPL would be $80. I am considering shorting shares of the company if the stock reaches high $70’s-low$80’s by the end of the year. Purchasers of APPL are betting on the company’s non stop growth. I believe sales of the Nano and new video enabled iPod’s will be strong this holiday, but unsustainable in the long run. Any consumer electronics device goes through rapidly changing trends and diminishing margins. I see that manufacturers are releasing solid state and disk based mp3 players with lower prices and betting on volume sales. The iPod is equally a fashionable and functional device. When the Nano and video enabled iPod drop out of being seen as a fashionable device, APPL will likely have to drop prices in order to maintain sales levels. Investors clearly have forgotten than AAPL was trading at mid $9’s just two years ago in December of 2003. In the history of consumer electronics devices no one device category or company has been able to consistently retain margins and sales levels. Historically look at what happened to powerhouse companies like AIWA and SONY during the portable cassette and CD player days. Sony even failed to capitalize on the Walkman brand name for digital audio players. Consumer electronics change at a heartbreaking pace and Investors would do well to monitor sales trends and emerging technology. The share price of APPL could also change at a similar heartbreaking pace. I wrote an article on September 27th, 2005, covering many of my long term predictions for AAPL. [...]

By: RawGreed.com - Stock Updates, RawGreed Awards, Business Gossip » Blog Archive » Apple Computer Inc. hits $70

Mon, 28 Nov 2005 14:59:55 +0000

[...] AAPL, Apple Computer Inc. has hit my $70 price target. On September 27th, 2005, I wrote an article titled Apple Computer Inc. Predictions about AAPL’s long term prospects and price targets. On September 27th, 2005, AAPL was trading at mid $53’s. A brief summary of what I wrote is below. Point blank though, the company is becoming too reliant on the iPod. The bulls will drive the price of the stock up further due to greed. [...]

By: RawGreed.com - Stock Updates, RawGreed Awards, Business Gossip » Blog Archive » Apple Computer Inc., a look at my earlier predictions

Thu, 24 Nov 2005 00:11:08 +0000

[...] On September 27th, 2005, I wrote an article titled Apple Computer Inc. Predictions about AAPL, Apple Computer Inc.’s long term price targets. A brief summary of what I wrote is below. On September 27th, 2005 AAPL was trading at mid $53’s. Point blank though, the company is becoming too reliant on the iPod. The bulls will drive the price of the stock up further due to greed. [...]

By: RawGreed.com - Stock Updates, RawGreed Awards, Business Gossip » Blog Archive » Apple Computer Inc. set to launch something big

Tue, 11 Oct 2005 13:35:04 +0000

[...] I wrote in this article that Apple’s stock should continue to appreciate as the company enjoys strong sales of its new iPod Nano. A confirmation of a new device, promising Apple a new entry into a new platform, should temporarily raise the price of the stock as greed takes its effect. Analysts will be riding the afterglow of the iPod’s success. I will be watching this Wednesday’s announcement to see how I should play out buying or shorting AAPL. [...]