Comments on: New consumer confidence seen as boon to Apple

By: Robert, Phoenix, AZ

Robert, Phoenix, AZ — Fri, 01 May 2009 06:22:22 +0000

RBC Capital analyst Mike Abramsky, does not work for you. He is trying to get us to sell stock when RBC wants to buy it and now he wants us to buy it back from RBC after the stock has climbed to a temporary peak. Don't get sucked in again if you missed the bull rally. The institutional buying is ended and they expect us to buy it as it goes down to around $105

By: marv08, Frankfurt/Germany

marv08, Frankfurt/Germany — Thu, 30 Apr 2009 22:45:46 +0000

Yep, he certainly deserves credit for admitting a mistake – others being completely off track (Huberty anyone?) prefer to disappear. But, even more important, he seems to be a lot closer to "getting" Apple now. While I do not know if his predictions will be spot-on, they are certainly very reasonable and do finally take into account how Apple works and what they aim for. Quite an improvement.

By: Sacto Joe, Sacramento, CA

Sacto Joe, Sacramento, CA — Thu, 30 Apr 2009 22:34:55 +0000

With all the hype that's out there, it's tough to recognize the real deal when it comes along. People are finally beginning to recognize that Apple's the real deal, and revaluing its stock accordingly.

You know, when the Titanic went down, it pulled a lot of stuff down with it, even things that float. But eventually the Titanic hits bottom, and then you can tell the floaters from the sinkers.

Apple's a floater.

By: pk de cville, VA

pk de cville, VA — Thu, 30 Apr 2009 20:54:49 +0000

I give Abramsky credit for correcting his notions when faced with hard data. I read a lot of 'analysts' who draw their conclusions 1st and then pick their data.

Abramsky has seen Apple as a risky proposition till now and kudos for his change of mind.

By: Brian

Brian — Thu, 30 Apr 2009 20:01:07 +0000

Abramsky needs to get out more if he thinks the 'Mac Franchise' was in any threat of decline in the past 3 years or so. It's on a completely obvious upward trajectory to anyone who's paying attention. Microsoft, for one, has noticed, hence their latest targeted ads. This guy is a pro? Wow, that's amazing.

It's not all about finance, nickels and dimes. Try looking at the technology itself, to see where it's going.