MacTribe: Apple News

For Bulls it's been a hard grinding year. The post credit crunch rally started in March 2009 and since May 2010 the stock markets have gone into a bear market which has seen a nasty correction.

This correction has marked the limit of Apple's stellar share price rise.

Following this, Apple's stock has performed unpredictably, suffering little crashes and enjoying little booms, while stuck in a range.

I have maintained for some time that it is hard to imagine Apple going up much more as it's already the second most valuable stock in America; and it seems plain silly for Apple to turn into the most valuable business in the USA - however amazing the company. For now the market agrees.

Meanwhile Apple is making a ton of money and all products appear to be doing well. Even though Apple is collecting competitors like a dog collects fleas, it is hard to see how, in the short term, anyone can beat the Apple mystique even though Google appears to be making inroads with its Android. No one, as yet, seems to be close to knocking off any of Apple's reflective shine.

So the $300 billion dollar question is: what can Apple do next to propel it above $300 a share?

Do you have the answer? Tell us on Twitter!

Clem Chambers is CEO of stocks and investment website ADVFN. For free real-time stock prices go to: www.advfn.com