It’s true that AAPL has been climbing steadily in value since February and just like we recalled it would in our post An AAPL a Day :In fact, we’ve written posts on it almost every single month since our post He Who Has The Gold Makes The Rules, where we were calling out that it would be a good buy at $138 it’s now $258.” AAPL is trading at just about $284 now. We also talked about RIMM being over shadowed by apple’s iPhone & iPad:
No major tech stock has gone more quickly from hero to goat than Research in Motion, maker of the Blackberry smartphone. This was possibly one of the great growth stories of the last six years (when sales grew anywhere from +35% to +127% in any given year), but Apple’s (Nasdaq: AAPL) stunning success with the iPhone and the iPad have led investors to think RIM’s days of growth are over. And they ran as fast as they could, pushing shares down from above $80 last September to below $50 in early July (before a recent rebound to $56).
And now the time has come for RIMM to shine, with the anticipated release of the Blackberry Playbook in early 2011, we’re getting in now before the value increases! The Playbook is sure to one up the iPad in a few areas, one being that it can be used as a “sidekick” to your current Blackberry to make doing business, checking emails, or social networks on the go even more efficient. With the RIMM stock trading around $50, it’s a better bang for your buck.