The earning and cash flow is incredible at Apple and given its growth rate, the stock is very reasonable priced. Most analysts have a 450 or higher price target on
APPL. The only thing I will be cautious is new product line. Over last five years,
APPL has brought two new products (
Iphone and
Ipad) to the market and generate 100% growth every year. If Apple does not have new
blockbuster product come on line, the growth will slow and competition will intensify.
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