Apple - time to buy?

As discussed in another article, on the 2nd of January Apple issued revenue guidance for the fourth quarter of $84 billion, which was below the mean revenue estimate of $91.3 billion. The price fell after the announcment.

Until now the majority of the revenue was derived from the Iphone and Apple has more than fully exploited the revenue from this device. I therefore think that Apple cannot continue to grow a company of this size with such a large rate with just the smartphone as the main source of revenue generation.

Personally I am waiting for some new revolution from Apple which for the time being is not here yet.

I therefore think that the price of APPLE shares will continue to decrease for now and I will only start to buy at these levels:
a) $148
b) $125

What is your opinion about apple?


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