Apple Share History: One Analyst Predicts a Dennis Rodman-like Rebound for Apple

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:

– He anticipates Apple Inc. (NASDAQ:AAPL) to finally make a deal with China Mobile

– He fully expects Apple to release a television set

– His overall concerns for the tech industry stem from “muted economic growth expectations” and “challenging” trends in Europe

While White is strongly advising investors to “remain selective” in 2013, he feels good about Apple as 2013 gets underway. Here is his new year approach:

For 2013, we are taking a similar approach to our tech universe, avoiding the more cyclical tech names for the most part and focusing on companies best positioned to benefit from key secular tech trends that we believe are in place this year.

For more information on Brian White, visit his profile page on the Topeka Capital Markets website. You can also check out our article “Beware of Today’s Latest Apple Inc. Rumor” that includes his take on the next iPhone.

What do you think about White’s opinion on Apple Inc. (NASDAQ:AAPL) in 2013? Will the company rebound (like Dennis Rodman in his heyday) or will the slide continue?

Check back here for more updates on Apple Share History.

Here are three additional Apple related articles for your enjoyment:

Will Samsung Beat Apple Inc.’s ‘iTV’ to the Punch?

Apple Inc. is at its ‘Max Fear Point’: Hedge Fund Manager

Apple Inc. Isn’t As Cheap As Wall Street Claims