Apple Inc. (AAPL): Thoughts on Declining Growth, a Historical Act, and 1 Vote of Confidence

Page 2 of 2

Vote of confidence from Russian tycoon

Just recently, Russia’s richest man, Alisher Usmanov, stated that he took a $100 million stake in Apple, after the company’s market cap declined by more than $100 billion. He stated that he believes in Apple’s business and the legacy left by Steve Jobs. Investors should take heed because Usmanov’s investing prowess is phenomenal, as he was one of the early backers of Facebook Inc (NASDAQ:FB), and he got a return of more than 10x from his investment by selling a sizable portion in Facebook’s IPO. Usmanov stated that Apple is a great investment for the next three years.

It just might be the right time for investors to buy and hold onto Apple Inc. (NASDAQ:AAPL) stock while receiving a small but steady stream of dividends, and share repurchases to drive the EPS higher.

The article Apple: A Buy and Hold Stock originally appeared on Fool.com.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.

Page 2 of 2