Wednesday, July 14, 2010

Take Advantage of Dip in Apple

I'm sure you have all heard about the "death grip" that Apple's (AAPL) new iPhone users are complaining about. The stock has seen quite a decline from its 52 week high- about a 9% decline. Although this is not good PR for Apple, the problem is an easy fix. All the iPhone users need to do is buy a case for the phone. In my opinion, the worse case situation is AAPL taking a one time charge to give all iPhone users cases. I don't think the Consumer Digest "don't buy" comments will stop anyone from buying the new iPhone- its a must have gadget. Take advantage of the price decline, I doubt AAPL stays this low for too much longer. AAPL is currently trading at $250.37/share at 10:06am.

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