Apple Inc. (AAPL): Will It Remain Above $400 For Good?

Still, the report was not without some points of concern. For example, growth in China came in around 8%. This was the slowest growth region for the company behind the U.S., underscoring how much of a challenge Apple Inc. (NASDAQ:AAPL) faces in this critical market. With Android still the dominant OS, and with Nokia Corporation (ADR) (NYSE:NOK)‘s Windows Phones doing well, Apple’s success is far from certain in the region.

Ultimately, the $400 level remains a critical one for Apple Inc. (NASDAQ:AAPL), particularly over the next few days. If the stock can hold above this mark, investors may gain the confidence to help push it higher. If shares falter below $400 for an extended period, the stock could tumble further. Even given this risk, an allocation makes sense here because the pure value is absolutely present.

The article Can Apple Stay Above $400? originally appeared on Fool.com.

Fool contributor Doug Ehrman has no position in any stocks mentioned. The Motley Fool recommends Apple and Google. The Motley Fool owns shares of Apple and Google.

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