apple products

Apple to the Core

applelogo.gif

Has Apple turned into forbidden fruit, or is now the time to take a bite?

Once every investors favorite stock, Apple has fallen out of favor on Wall Street and Main Street. It's stock is down more than 42% from its high of $750 a share. It's recently been trading well below $400 a share. Simply put its upward momentum is broken.

Reasons from pundits include the death of co-founder Steve Jobs, fierce competition in tablets, phones and laptops. Its profit margins are lower and it has a lack of new sexy products it can hype to get consumers excited again. But Apple still has an incredible $137 billion in cash on hand.  read more »