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The Apple Ecosystem Should Thrive |
Stocks Mentioned: AAPL, BRCM, OVTI, QCOM, AMZN
Trading Apple and Its Ecosystem The Apple Ecosystem includes partners and suppliers to Apple products such as the iPhone, iPad, and the Macbook. Jon Najarian likes Broadcom and Omnivision Technologies, suppliers to Apple and others. Guy Adami thinks Qualcomm is at least worth looking at. Peter Misek, Senior Tech Analyst at Jefferies & Co. then discusses Apple stock and is bullish. He thinks Chairman of the Board Steve Jobs will still be involved in product planning and design. The biggest risk to Apple is Amazon will probably going to introduce a low-price tablet to compete with iPad. However, Apple has a lock on its ecosystem through consumers buying integrated devices and products. Apple has great products and content. Apple is at least 2 to 3 years ahead of their competition. Cortez thinks Apple squeezes the margins of its suppliers too much and "if you like Apple, just buy Apple".
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