Here is an idea for you, for those who did not already know this I say don't buy Apple's stocks. I´m actually surprised it has now fallen as much it has because of some "not so amazing" quarters.
I believe it has not peaked yet, it will turn back up for some time and then slide down. But that is not my point. My point is that it is already clearly overvalued and once, sooner or later that bubble bursts and then it will come very far down from its current value. Personally I do like their products and I see Apple having a long future in tech sector if they keep having talented creators in their ranks. But their stock price is unsustainable at current level. It might not come down in a long time, but when it does I will follow it and if it comes down deep enough (and of course the business still looks good) I will buy it. Because it is still a great company with strong value. I just want it for the right price that makes sense.
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| Source: http://markets.ft.com/research/Markets/Tearsheets/Summary?s=AAPL:NSQ |
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Inflation is taxation without legislation. ~Milton Friedman