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Sep 13
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For investors who had the courage to buy Apple stock back in 1997 when Steve Jobs made a return, they have had a ride of their life. Back in 199os Apple stock was trading in the single digits, there was talk of bankruptcy and Michael Dell famously said he thought the company should just be broken up and the money divided among shareholders, but today Apple stock is in the $250s range.What a ride!
Can Apple stock continue rising? Some investors think Apple stock best days are behind it but some investors believe Apple stock rise is just starting and that Apple will continue blowing past expectations.
Four Reasons Why Apply Stock may continue rising
MSNBC has an interesting article as to why investors should invest in Apple.The factors driving Apple are software, design, ecosystem and underrated market.
Apple will become the most valuable company in the world. Bet on it. In fact, go out and sell all your personal belongings, liquidate your 401(k), and buy Apple stock with every last dollar you own.
OK … on second thought, I wouldn’t advise that — it’s a bit rash. But there are ample reasons to believe that the company’s rise is just starting and that Apple will continue blowing past expectations.
The author of the article shows a scenario forecasting/predicting how Apple revenues and profits will look like in 2014.
Read the full article at MSNBC