#169: Sell in May in Election Year? ATT, Verzion, Sprint, Oil, Gold, Cisco..

It’s an Apple Economy!

It’s an Apple economy! Not only must we own $AAPL, we must own every company that has anything to do with iPads and iPhones.  This seems to be the only thing in the American economy that is working!

• Qualcomm rides new iPad to new high.  ($QCOM)
• Broadcom, Qualcomm, Samsung chips in new iPad. 
• As you know, Verizon and AT&T sell the LTE wireless coverage for the iPad and iPhone.  What’s that, about $30 a month for 2 gig of data.  Heck, you might be able to squeeze in one, or two,  HD movies over LTE at that rate.  Makes paying for a movie ticket, a large tub of popcorn, and a large diet Dr. Pepper seem like a bargain!  ($VZ, $T).
• Triquint, Avago, Cirrus, and Skyworks are in the game, too.  And Texas Instruments and Farchield.  ($TQNT, $AVGO, $CRUS, $SWKS, $TXN, $FCS).
• In addition, now dividend growth and income investors don’t need anything but $AAPL as Apple has declared a quarterly dividend!  Apple said Monday that it will pay a quarterly dividend of $2.65 per share, starting in its fiscal fourth quarter, which begins July 1.