Apple Share History: Despite the fact that Apple Inc. (NASDAQ:AAPL) took a big hit towards the end of 2012, one analyst predicts the tech giant to regain its footing and rebound nicely in the new year.
According to reports by AppleInsider, Brian White of Topeka Capital Markets “said in a note to investors on Wednesday that Apple is his top overall pick for 2013. He believes the losses AAPL saw in late 2012 were largely tax related, and not a reflection of how most investors feel about the company’s future.”
Even though he believes there is a lot of uncertainty surrounding the tech market, White is of the opinion that Apple Inc. (NASDAQ:AAPL) is poised to come out on top.
We believe there is still plenty to look forward to at Apple, including the potential for greater choices (i.e., colors, sizes) around the next iPhone in 2013, combined with accelerating momentum with the iPad mini and continued strength with the iPad franchise at large.
In the same article by AppleInsider, White touches on a couple of other important factors for the upcoming year – many of which could lead to big changes in the months to come: