Apple Inc share went for a toss yearly this
year post many analysts raised question mark about Apple ability to continue
its growth path. The fall in Apple iPhone volume also dented investor’s
confidence and even Carl Ichan sold its position. Carl Ichan post selling the
share commented that he may come back and buy the shares if he sees the growth
potential again. In my point of view, the day came too early for him.
The recent trouble with Samsung related to
Galaxy series Note 7, heavily dented Samsung profit and revenue expectation for
Q3, FY 17 and expected the trend to continue for many quarters to come. As
Apple entered into must lucrative holiday season with weaker competitor and
will not be forced to add any freebie to sell its product but on the other hand,
they may continue to charge heavy premium from its userbase. In my point of
view, Apple is going to see minimum 10 to 15% revenue growth whereas its profit
margin may see the best till now. In my point of view, clever investor should
buy Apple share for short to medium term and ride over the moment to gain the
maximum.
Disclaimer: Please consult your financial
advisor before investing
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