Is it o.k. to like Apple here?

By Money Matters Editors

 
Is it o.k. to like Apple (AAPL) at these price levels? Sure. Here’s why:

Look for FY2010 revenue growth of about 12-14%, slightly higher than FY2009 results, on increasing demand for Apple’s impressive suite of products.

The iPod should remain the U.S.’s state-of-art MP3/digital media player, and will continue to drive double-digit revenue gains at Apple’s iTunes store.