eagle.one

Long Apple Target 230

Long
eagle.one Updated   
NASDAQ:AAPL   Apple Inc
I am in Vienna now. Yesterday I was at the centre, just 1 hour before closing, it was a day before the Holiday (All Saints) in Austria and visited Apple store at Kärnter Straße. It was full and every time I see Apple Stores, they are full. Often I see people in the underground and at a first glance I don't know if they hold iPhone or other phone - lot of manufactures use a similar design to iPhone. Everybody criticise iPhones that are they are expensive and not so powerful when comparing to price but the latest benchmark shows that they are actually the fastest on the market (browser.geekbench.com/mobile-benchmarks). The same applies to the MacBooks. Everybody criticises MacBook, but at the same time the manufactures use of MacBook design.

On the horizon in the nearest future, i.e. at least 12 months I don't see any product that can decrease the sale of iPhones. I am bullish on AAPL. They may disappoint today but they will recover Q4. So I predict with probability of 80% that they report a good 3Q today and if not, the price will recover in Q4.

Comment:
Bought ar 291.50, TP: 230.
Trade active:
Bought ar 219.50, TP: 230.
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