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Sections: Apple

AAPL Stock only $10/share, Analysts say to avoid

by Michael Yurechko on Apr 1, 2008 at 02:14 PM

Blue apple logoToday, AAPL stock dropped below $10 a share and even though the price seems good, analysts are asking you to step back and spend your money elsewhere. Even with the recent launch of Apple’s (destined to fail) iPod, everyone is still advising you to hold onto your money. A major release bringing a drop in stock prices is pretty bad, and from the looks of Apple’s new product lineup, you shouldn’t expect the stock to do anything for the next few years - if the company is still around.

The industry seems to be investing more and more into the Microsoft company, who is said to be working on a product much better than anything Apple could put out at this current time, dubbed Windows XP. This software is said to be so revolutionary that it will include both a Notepad, Calculator, and the popular game Minesweeper.

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