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Apple’s Volatility

December 15th, 2009 by Michelle King

I wrote about “Sweet Apple” few months ago. It’s not that sweet anymore, at least in the near term. Apple’s shares were going thru insane volatility for last 3 weeks. I couldn’t figure out what was going on.

It seems that Apple is impacted by problems in new iMac computer monitors and the competition from Google’s Android phones. I still believe in Apple’s growth story. I feel that things will change very quickly as soon as Apple’s new tablet PC is announced sometime early next year. I own Apple shares and options and will keep buying Apple when it goes even lower.

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