Apple has a new product release for touch screen macs tomorrow and has been releasing new products the last few days Ipad MIni etc. Earnings are coming up Nov. 2nd and sometimes Apple moves up into earnings. Apple is at the high end of its traditional valuation but there is a lot of positive sentiment around the new products and the new CEO most likely will be quite enthusiastic on the conference call about robust demand for the DUO etc. Pipeline of new products and product categories in 27 and 28 looks to dramatically expand from the Cook days under Ternus. That being said Apple with 5 trillion+ market cap has a lot of good news baked into the current stock price but the new products coming out in 27 & 28 could lead to further market share and stock price gains.
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