You Can Still Play Apple in Spite of High Price
― Apple Inc. (NASDAQ/AAPL) cannot keep up with the production of its just-launched smartphone “iPhone 5,” which sold over five million units from Friday to Sunday. Wall Street was expecting to see sales top six million units, and analyst Gene Munster of Piper Jaffray was targeting sales of 10 million. Speculation of supply issues could have hurt demand, according to my stock analysis. ∙ In my opinion, while the iPhone 5 is slimmer and incorporates a bigger screen to compete against the [...].
