Everyone wants to know when to buy Apple. Well - first off, don't try to time the market. Buy quality companies a bit at a time on a regular basis and you'll be better off than if you attempt to game the system and 'hit a home run'. That said - Apple is a tough stock in that it experiences wild swings up and down - so it isn't a 'stable' stock like MCD that trades in a narrow range and can be owned simply for the dividend.
Tonight I've included two charts to answer the question on 'when' to buy Apple. The first is the six month chart - and it shows you can buy Apple here - just don't expect much of an immediate return. Apple might trade sideways to slightly down for a bit of time before rebounding.
Short term rating = STRONG BUY
Long term rating = STRONG BUY