Description: Deja vu. That might be how some Apple (NASDAQ: AAPL ) investors are feeling today. A year ago, Apple shed 11% after reporting fiscal first-quarter earnings with iPhone sales falling short of expectations. At the low this morning, Apple shares were down nearly $50, or 9%, after iPhone sales again came in shy. Both times, Apple set new all-time records of most of its pertinent metrics. Both times, it wasn’t enough.With shares flirting with $500 again, is it time to buy or time to panic?
Date: Jan 28, 2014
Questions for Discussions:
- Summarize the assessment of Apple’s performance and share valuation.
- Do you agree with the commentary?