With Demand Weakening, Should Investors Give Up on Apple?
News today that Apple had cut its order for iPhone 5 screens and other components by as much as half for this quarter caused its shares to take another tumble. The company's shares are down around 28% overall since the price peaked in September.
In the following video, Motley Fool tech and telecom analyst Andrew Tonner tells us why he thinks sticking with Apple is the right decision, and what other factors apart from weakening iPhone demand may have played into the company's decision to cut its components order this quarter.
Despite its recent difficulties, Apple has been a longtime pick of Motley Fool superinvestor David Gardner, and has soared 219.20% since he recommended it in January 2008. David specializes in identifying game-changing companies like this long before others are keen to their disruptive potential, and he helps like-minded investors profit while Wall Street catches up. I invite you to learn more about how he picks his winners with a free, personal tour of his flagship service, Supernova. Inside, you'll discover the science behind his market-trouncing returns. Just click here now for instant access.
The article With Demand Weakening, Should Investors Give Up on Apple? originally appeared on Fool.com.Andrew Tonner owns shares of Apple. The Motley Fool recommends Apple and Google. The Motley Fool owns shares of Apple, Google, and Microsoft. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.