Thursday, January 22, 2009

Apple Posts Great Q4 Numbers

Apple (AAPL) continues to be one of our favorite stocks. After the bell last night they reported numbers that beat analyst estimates by $.40. Thats an incredible number during a very weak environment. What impresses us the most is that they generated $3.6B in cash and now have over $28B on the balance sheet. Apple could open a bank with that cash.

Plenty of news on Apple on the net so I'll keep this short. I'd be a big buyer at the current qoutes below $90. Incredible value!

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