Frank Pambianchi - Sports Entertainment and Marketing

Frank Pambianchi Sports Entertainment and Marketing

3/21/12 Stocks and the news summary

In a latest issue of Forbes magazine, an article states how the international technology giant Apple that it's shares are going to be worth over 1650$ by the end of 2015. In the article, it breaks down Apple's products and how much of its revenue for the company.

Apple products include iPhone, iPad, Mac, its whole line of iPods, and iTunes. Just topping at a little over 600$ a share, with new breaks in technology, apple with soon skyrocket to 1000$ a share.

With 73 million iPhone sold last year alone, generating 53% of Apple's revenue Apple will continue to make newer and better iPhones. It is estimated that by 2015, there will be 1.5 billion iPhones sold since its original release date since June 2007 and will become 33% of Apple's income.

It has been rumored that Apple is soon to be releasing a new iTV. If the rumors do turn out to be true, experts estimate that it will take Apple to sell 3 years to sell 100 million iTV's. At 1000$ a piece, Apple would be generating over a billion dollars in revenue just in TV sales. It would be very wise to start buying many shares of Apple while the price is still low.

I have mixed feelings about investing a lot of money into the company. As technology evolves everyday newer and better things may be released by 2015 and these new releases can seriously shut Apple out of the Competition. I would still invest into the company but I do not feel it is wise to invest a whole life savings into the technology field. It would be smart to diversify in stocks and to keep a close eye into Apple's upcoming releases, news, and financial records to prevent loosing money if things turn out for the worse.