Atomic Bob's Stock Forum - The Golden Thread

Well, I guess I am out of fashion as I am not an aapl bear. I see $137B in cash, a forward p/e of 9 to 10, and a stock 30% off its high. I don't look at this company's current state and believe it is about to spiral into the next microsoft [a 10 yr chart should make even the strongest mr. softy believer puke] that many seem to believe...or are hoping for. They just booked the most profitable quarter by any company EVER primarly because they sold 47 MILLION iphones in one quarter...that's ONE QUARTER.

As far as I am concerned, this is a buying opportunity and I did last night. Under water on that AH buy by $13. But still satisfied with the opporunity.

On topic for a minute, I am surprised AAPL has not taken a swing at IDCC. Cheap, cheap buy for them. But apparently the offsets and new ground in IP is not enough...

I guess I won't post an OT about my LinkedIn buy a few months back!

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