Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Apple Inc. (AAPL) Is The Stock To Watch In 2015: Martin Shafer

Apple Inc. (NASDAQ:AAPL) is sure to be one of the stocks that investors will closely watch this year having enjoyed an impressive rally last year. One investor who remains unconcerned about the company’s upside potential, is Castle Rock Co-Founder, Martin Shafer. During an interview, CNBC, Shafer reiterated that Apple Pay should be one of the driving force behind the stock this year at the back of new products being unveiled.


A move into new products and services has always been the ideal business model for the Cupertino-based company, which Shafer believes should be more than enough in propelling the stock even higher. Despite resentment on the usage of Apple Pay by merchants, Shafer remains confident that the product will turn out well in terms of returns and market share.

“They are the most valuable company in the world because they make products that people love, people love the ecosystem. The knocks on Apple Inc. (NASDAQ:AAPL) are that it is just a hardware company, it is just a product company. Their App store made $15 billion last year was up 50%, iTunes is $10 billion. If you don’t love Apple Pay is because you haven’t used it, I think it is going to be huge,” said Mr. Shafer.

Apple is turning out to be a force to reckon with in the software space with its iOS platform continuing to gain market share against Google Inc. (NASDAQ:GOOGL)’s Android. The increase in market share on the software side of the business has mostly been attributed to an increase in the sale of iPhones. The iWatch release later in the year is another product that should give Apple additional optionof gaining more market share on the hardware side of the business.

Shafer also quashed concerns that Apple Inc. (NASDAQ:AAPL) might be lagging behind in terms of innovation, reiterating the company is on track to develop even better products.

“The thing with Apple is they don’t talk about what they are going to do. […] Fifty thousand people can be working on a product at Apple and never make to the outside. So, I don’t know exactly what they are going to do but if what they have done in the past is any indication of what they are going to do in the future. They are going to come up with great products,” said Mr. Shafer.

Warren Buffett and BillionairesFree Report: Warren Buffett and 12 Billionaires Are Crazy About These 7 Stocks
Let Warren Buffett, David Einhorn, George Soros, and David Tepper WORK FOR YOU. If you want to beat the low cost index funds by an average of 6 percentage points per year look no further than Warren Buffett’s stock picks. That’s the margin Buffett’s stock picks outperformed the market since 2008. In this free report, Insider Monkey’s market beating research team identified 7 stocks Warren Buffett and 12 other billionaires are crazy about. CLICK HERE NOW for all the details.

Biotech Stock Alert - 20% Guaranteed Return in One Year

Hedge Funds and Insiders Are Piling Into

One of 2015's best hedge funds and two insiders snapped up shares of this medical device stock recently. We believe its transformative and disruptive device will storm the $3+ billion market and help it achieve 500%-1000% gains in 3 years.

Get your FREE REPORT and the details of our 20% return guarantee today.

Subscribe me to Insider Monkey's Free Daily Newsletter
This is a FREE report from Insider Monkey. Credit Card is NOT required.
Loading Comments...

Thanks! An email with instructions is sent to !

Your email already exists in our database. Click here to go to your subscriptions

Insider Monkey returned 102% in 3 years!! Wondering How?

Download a complete edition of our newsletter for free!