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| Three Key Drivers for Apple Stock; Report on Technology by Profit ConfidentialQuarterly profits from Apple Inc. blew away analysts and investors with how strongly the company’s products are selling to the retail sector, writes Sasha Cekerevac in a recent Profit Confidential article.
By: Michael lombardi “There is a new ‘iPhone 5’ coming this year and it is being hotly anticipated as a significant improvement over the ‘iPhone 4S’”, says Cekerevac. If history is any guide, Cekerevac believes the iPhone 5 launch for Apple to the retail sector will be in late summer or early fall, just in time for the fall holidays. Cekerevac looks at the second driver—the upgraded “iPad 3”—which he thinks will be released in March. “Apple is now expanding into the education side of the business with the recent push into textbooks for schools,” says Cekerevac. “More markets mean more possibilities for increased corporate profits.” Cekerevac also believes that both the new iPhone 5 and iPad 3 will most likely have new quad-core processors instead of the current dual-core chipset. “More power to run applications is always in demand by the retail sector,” says Cekerevac. The final key for Apple in 2012, according to Cekerevac, is iTV. “iTV is a huge potential driver in corporate profits for Apple. This investment strategy could really pay off with a whole new stream of revenue in this market,” says Cekerevac. Cekerevac believes that Apple will bundle the hardware and incorporate an online, Web-ready portion for people to buy content online through the TV. Profit Confidential, which has been published for over a decade now, has been widely recognized as predicting five major economic events over the past 10 years. In 2002, Profit Confidential started advising its readers to buy gold-related investments when gold traded under $300 an ounce. In 2006, it “begged” its readers to get out of the housing market...before it plunged. Profit Confidential was among the first (back in late 2006) to predict that the U.S. economy would be in a recession by late 2007. The daily e-letter correctly predicted the crash in the stock market of 2008 and early 2009. And Profit Confidential turned bullish on stocks in March of 2009 and rode the bear market rally from a Dow Jones Industrial Average of 6,440 on March 9, 2009, to 12,876 on May 2, 2011, a gain of 99%. To see the full article and to learn more about Profit Confidential, visit www.profitconfidential.com. Profit Confidential is Lombardi Publishing Corporation’ Michael Lombardi, MBA, the lead Profit Confidential editorial contributor, has just released his most recent update of Critical Warning Number Six, a breakthrough video with Lombardi’s current predictions for the U.S. economy, stock market, U.S. dollar, euro, interest rates and inflation. To see the video, visit http://www.profitconfidential.com/ End
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