Friday, December 30, 2011

Will Apple (AAPL) Growth Continue?

Among most of the experts, looking ahead to 2012, Apple (NASDAQ:AAPL) remains among the top performing companies.

Over the last 10 years, Apple has grown its shares at a 43 percent clip on average. Goldman Sachs (NYSE:GS), for one, still sees them performing strongly going forward.

Bank of America (NYSE:BAC) has them on its list of top stocks for 2012.

The difference going forward is the loss of Steve Jobs leadership, and whether or not current leadership can perform at a level close to Jobs.

Of the major companies favored in 2012, Apple could be the most volatile because investors remain skittish because of the unproven ability of its executives to show they can perform in the absense of Jobs.

But the company does have enough momentum from existing product lines to probably push through 2012. The key will probably be Apple leaders just staying out of the way and not making major mistakes.

1 comment:

Anonymous said...

Really Ray? Apple's management has been the reason for Apple's performance. SJ has been on medical leave so much that to make this claim is pathetic. Mr. Cook has been interim CEO a few times and the company has not missed a beat. One might even argue that it excelled in his absence. SJ built a great company with a strong management team, nothing has changed.