02-17-2011, 12:53 PM
Maul, I can certainly see stock falling 20% or even 30% if he dies, or if it becomes clear he's going to. I'll probably buy some out of the money puts as protection against that. But if it happened, I would definitely back up the truck and buy more - even without him, you can't fight the fundamentals. Apple has massive earnings power going forward.
Also, I think the next massive thing for them won't be the iPhone nano or the iPad 2. It wil lbe Near Field Communications (NFC). They are putting chips in the next round of iPhones, and may even be planning to provide terminals free to businesses. What does that mean? Well, when you go to the grocery store, or the gas pump, or the mall, instead of pulling out your credit card, you'll just wave your phone over a terminal. No more need for credit cards or cash, or multiple store cards. It's a $6.2 trillion market. Just imagine them getting a 1-2% cut of even a fraction of that.
Anyway, hope the rumors about Jobs aren't true. America needs more people like him as they slowly lose their econonic superpower role to a host of upstarts.
Also, I think the next massive thing for them won't be the iPhone nano or the iPad 2. It wil lbe Near Field Communications (NFC). They are putting chips in the next round of iPhones, and may even be planning to provide terminals free to businesses. What does that mean? Well, when you go to the grocery store, or the gas pump, or the mall, instead of pulling out your credit card, you'll just wave your phone over a terminal. No more need for credit cards or cash, or multiple store cards. It's a $6.2 trillion market. Just imagine them getting a 1-2% cut of even a fraction of that.
Anyway, hope the rumors about Jobs aren't true. America needs more people like him as they slowly lose their econonic superpower role to a host of upstarts.
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Currently PvPing in the stock market
Currently PvPing in the stock market