08-25-2011, 07:22 AM
Yea this morning (5am CT ish) it was down 15% pre-market, but seems to have bounced back a little.
You know this had to happen at some point. I think the timing is probably pretty good, or at least the best they could hope for. Timing it to the next earnings, and the release of iphone 5 to all carriers is good timing. The quarterly earnings for the next 2 quarters will be good, so should beef up some confidence.
The real question will be whats next??? I think pad and phone is going to flaten at some point in the future. And profits are going to start to drop as more and more competion looks for some of that high margin cash. So what is Apples next product?? And don't say the cloud.... Seriously, this is not going to be a revenue generator without competitiveness that ipod, iphone ipad was.
Whats next?
FYI I bought some Apple after the last quarterly earnings. Im about even. Think I will hold for a bit, and dump in the 390 to 400 range.
You know this had to happen at some point. I think the timing is probably pretty good, or at least the best they could hope for. Timing it to the next earnings, and the release of iphone 5 to all carriers is good timing. The quarterly earnings for the next 2 quarters will be good, so should beef up some confidence.
The real question will be whats next??? I think pad and phone is going to flaten at some point in the future. And profits are going to start to drop as more and more competion looks for some of that high margin cash. So what is Apples next product?? And don't say the cloud.... Seriously, this is not going to be a revenue generator without competitiveness that ipod, iphone ipad was.
Whats next?
FYI I bought some Apple after the last quarterly earnings. Im about even. Think I will hold for a bit, and dump in the 390 to 400 range.
Maul, the Bashing Shamie
"If you want to change the world, be that change."
--Gandhi
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"If you want to change the world, be that change."
--Gandhi