Monday, April 16, 2012

Don't Fret An Apple Stock Drop

To all those shareholders of Apple, don't sweat the small stuff.  We have seen a huge uptick in Apple's price per share of stock so it is not unreasonable to expect some profit taking.  But just because the stock is down 4%, it still has too much upward potential to not remain optimistic.  By the end of this year, we should see the release of the next iteration of the iPhone, and everyone expects it to be called the iPhone5.  Second there is talk of a smaller screen sized iPad to compete with Kindle and the Nook.  Third comes the release of the secretive TV many assume will be called the iPanel.  And whether it comes end of this year or next, it is in the pipeline.

But perhaps most exciting is what Apple could do with its access to company credit cards, an aggregated platform for apps, and a product line capable of making quick purchases.  "The person with hundreds of millions of stored credit cards wins big. There are only two people on the planet who have stored over a hundred million active credit card numbers that I can think of: Apple and Amazon.  One is in commerce and one isn't -- yet.  Apple iPay "  That could be the next Apple homerun!

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