Home > Apple Inc. (NASDAQ:AAPL): Is The Company ‘Becoming Just Another Stock’

Apple Inc. (NASDAQ:AAPL): Is The Company ‘Becoming Just Another Stock’

December 13th, 2012

“Shares of Apple Inc. (NASDAQ:AAPL) are slowly losing their luster and performing like those of other companies, Yahoo! Finance senior columnist Michael Santoli said Friday on CNBC. On “Fast Money,” Santoli pointed out that although Apple’s stock price has traded poorly over the past several days, it was still up 66 percent since the beginning of last year and up 33 percent year to date. And Apple was still $100 billion bigger than the No. 2 company in terms of market cap,” Bruno J. Navarro reports from CNBC.

[Related: Apple: Is The Triggered “Death Cross” To Blame For The Fall?]

“I feel like you have to put it in context, and say, it’s becoming – slowly – just another stock,” he said. “A huge one, an important one, but just another stock.” “Santoli sounded positive about the stock’s shift,” Navarro writes.

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[Must Read: Apple: The 4 Stage Collapse Of Apple Shares]

“You hope it becomes just something that’s traded because of what’s going on at the company and for its value as opposed to hopes and prayer and performance reasons and tax reasons and everything else that’s just being handed back and forth. Can the stock trade back up to its high of $700 in six months? ”That psychology has to change, and in six months this thing could make your money back,” he added.

See the full CNBC video below:

Related: iShares Dow Jones US Technology (NYSEARCA:IYW).



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  1. mds
    December 13th, 2012 at 13:03 | #1

    Here is the content agreement…Next is AAPL TV

    Just another company? Haaaaaa! Only the worlds biggest!

    Keep dreaming………………………………………

    Here are highlights from Wednesday’s Analyst Blog:

    TWC to Launch TV Application for iOS

    Time Warner Cable Inc. (NYSE: TWC), the second largest cable multi service operator (MSO) in the U.S., has launched a video streaming application for Apple Inc.’s (Nasdaq: AAPL) iPad, iPhone and iPod touch customers. Launching the new application puts it into a level playing field with arch rival Comcast Corporation (Nasdaq: CMCSA) who is offering similar service through its Xfinity platform for the past two years.

    The latest version of the popular TWC TV application puts forward some brand new features including a premium on demand service for the Apple customers free of cost. TWC TV application offers its customers the flexibility to watch 4,000 TV shows and movies from 91 providers in both high and standard definitions.

    The users of iPad and iPhone can download the application from Apple’s App store and can search the on demand directory by title along with the option of browsing TV shows, movies and kids channel among others. For the subscribers of TWC TV application, they can watch their favorite TV and movie shows anywhere in the house.

    Going forward, Time Warner Cable will add some more high definition features content and wants to upgrade the TWC TV application for personal computers and other smartphones running on Google Inc.’s (Nasdaq: GOOG) Android platform.

    The online video streaming service providers, like Netflix Inc. (Nasdaq: NFLX), Hulu.com, YouTube, Amazon.com etc. have become sources of potential threat to the cable TV operators as they offer an extremely cheaper source of TV programming.

    We believe that by launching this application, Time Warner Cable wants to capitalize on the popularity of the video streaming services. Popularity of iPhone and iPad are expected to improve the popularity of TWC TV. However, to gain mass acceptance the application should be upgraded to run on other operating systems.

    We maintain our long-term Neutral recommendation on Time Warner Cable. The company also retains a Zacks #3 Rank, implying a short-term Hold rating.

    PR Newswire (http://s.tt/1wPmm)

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