Potential Buying Opportunity: Apple (AAPL)

Apple Inc.

Together with subsidiaries, designs, manufactures, and markets personal computers, mobile communication and media devices, and portable digital music players, as well as sells related software, services, peripherals, networking solutions, and third-party digital content and applications worldwide. The company sells its products worldwide through its online stores, retail stores, direct sales force, third-party wholesalers, resellers, and value-added resellers. In addition, it sells third-party Mac, iPhone, iPad, and iPod compatible products, including application software, printers, storage devices, speakers, headphones, and other accessories and peripherals through its online and retail stores; and digital content and applications through the iTunes Store. The company sells its products to consumer, small and mid-sized business, education, enterprise, government, and creative markets. As of September 25, 2010, it had 317 retail stores, including 233 stores in the United States and 84 stores internationally. The company, formerly known as Apple Computer, Inc., was founded in 1976 and is headquartered in Cupertino, California.

Summary:
Apple is a monster. We all know this by now. They come out with a new product every year. From ipods to ipads to iphones to itunes. They make money. They are more efficient than their competitors. Best thing of all is Apple is undervalued. Much more undervalued than their competitors. currently analyst's are setting price targets at $450 so there is plenty of room to make great returns.