Is It a Good Time To Sell Your Apple Stock?

January 29th, 2011 - By TheEditor

With AAPL’s chairman and CEO Steve Jobs announcing his decision to take yet another leave of absence from the company, the latest buzz that this has lead to in a number of business and financial circles is pretty obvious. Investors are worried about the AAPL stock quotes taking a hit with Steve Jobs’ recent announcement and are trying to decide whether it is a good time to sell their APPL stocks.

Apple held up well and consolidated its market position when he took a leave of absence citing health problems earlier. Besides, AAPL stock quotes are not likely to show a drop considering the fact that the company has a number of innovative and unique projects for products that are in the pipeline. AAPL stock prices soared through the roof in the fourth quarter of 2010 and their products like iPhones, iPads and iTouches worked wonders for their business. AAPL is renowned for its commitment to perfection, high quality, innovation and dedication. Their advanced and revolutionary products have enabled them to carve a niche for themselves in the market.

From December 19th, 2010 to January 19th, 2010, the APPL stock quote rose by amazing 5.7% and close at $338.84 on the final day. This rise in the AAPL stock price clearly indicates that the market is not as badly affected by Jobs’ health as we thought it would be. Financial analysts are predicting that AAPL quotes could potentially reach $550 in the next twelve months. So, it is highly recommended (as clearly indicated by the figures mentioned above) that you hold onto your AAPL stock.

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