Apple Deserves a Breakout

This column was originally published on RealMoney on Feb. 7 at 1:44 p.m. EST. It's being republished as a bonus for TheStreet.com readers. For more information about subscribing to RealMoney, please click here.

Could this be the long-awaited breakout of Apple(AAPL Quote)? This stock has been, with the possible exception of Google(GOOG Quote), the most profound disappointment of 2007.

The froth of the iPhone coupled with a belief that the new device must be a failure because of its price point -- even as my teenage daughters tell me otherwise -- has kept a huge lid on the story.

I think that lid could be sliding off. ...