The main fight is against Apple’s efficiency. With iTunes and the ability for users to purchase music, movies, TV shows, and educational content, Apple Inc. (NASDAQ:AAPL) is giving its customers a one-stop shop. Buy, download, sync, and take everything with you. If one adds the App Store to that equation, Apple is the epitome of convenience.
Apple’s stock has not been all roses. Shares hit a 52-week low of $419 on March 4, more than 40% below the all-time high it hit in September. But Apple has come roaring back in the past few weeks. The stock is now trading around $455, up nearly 10% from the March 4 low. I believe it will continue this upward trajectory as tablet sales steadily rise. I also see stocks positively reacting to growth in sales for both Microsoft Corporation (NASDAQ:MSFT) and Google.
The article Apple Poised to Ride Tablet Market Higher originally appeared on Fool.com and is written by Maxwell Fisher.
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