Apple Inc. Message Board

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Technology Stocks : Apple Inc.

AAPL 275.96

-1.0%

10:12 AM EST

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To: rnsmth who wrote (147395)	12/26/2012 6:06:10 PM
From: sandeep	Read Replies (3) of 213176

I remember seeing 12M number in one of the stories. But now, I can't find it. It is between 6-8M right now. So, 8M is actually good - if 6-8 is the current expectation. Of course, the main profit driver will be iphone5. Let's see what happens. I think that the excuse that funds are selling because of the tax changes does not stand to reason. A fund wanting to lock in profit at a lower rate can just buy back in after selling it. This still counts as long term cap gains for the first sale. So, there should be 0 effective price pressure except that some funds must be taking the wait and see attitude. That attitude is disturbing...

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