Apple Inc NASDAQ:AAPL Remains a Buy
Apple Inc NASDAQ:AAPL Remains a Buy
If you are a real investor you would already be ingnoring the media circus surrounding AAPl’s cash pile and the vocal shareholders. AAPL is value and that is all that matters, stock split, dividend etc etc is interesting but not the core of your investment choice.
Apple CEO Tim Cook sought to reassure shareholders worried about the company’s sagging stock price that the iPhone and iPad maker is on the verge of inventing more breakthrough products that will prove it hasn’t lost its creative edge.
“The company is working as hard as ever, and we have some great stuff coming,” Cook told shareholders Wednesday before taking their questions during Apple’s annual meeting at its Cupertino, California, headquarters.
True to Apple’s secretive nature, Cook didn’t provide any further product details, although at one point he said the company is considering entering other categories besides its popular line of digital music players, smartphones and tablet computers.
There has been speculation that Apple is working on an Internet-connected watch or TV that will be introduced later this year. One shareholder at Wednesday’s meeting threw a new idea for Apple to ponder _ a computerized bicycle. Cook, an avid bicyclist, chuckled at the suggestion, along with the rest of the audience.
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Heffernan Capital Management
Linda Johnson,
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Sales@Heffcap.com
Singapore
3 Raffles Place #07-01
Bharat Building Singapore 048617
Tel: +65 6329 6408
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Shayne Heffernan Ph.D.
Economist/Hedge Fund Manager
Shayne Heffernan oversees the management of funds for institutions and high net worth individuals. He is also an active consultant working with Corporations around the World.
He is recognized as one of the leading Economists in South East Asia, as well as the preeminent authority on ASEAN. His opinions and forecasts are widely read by decision makers in the region and Internationally.
Shayne Heffernan holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reached a peak of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.
Member
Chinese Society of Economists
American Economic Society
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