I think that this chart on Google Finance says it all.
um… if you zoom out a bit, the stock has merely recovered to the level it hit back on mar 26 and jan 16. Much better than their mid 2006 dip, certainly, but why the sudden congrats now?
As I said before, Robert needs to move away from the valley, he’s lost his objectivity.
Robert, it’s this simple… AAPL is way up because I sold all my shares at $94 today. I’m a bonafide contrarian indicator and always have been. I locked in my 10% gains, and am crying at the near 10% I’ve missed after hours. The stocks at $102 now. Great stuff. The company is firing on almost all cylinders.
Take a look at M$ pre and post vista fiasco.
Goin’ down down down…
[...] Link: AAPL kicks A$$ [...]
[...] (Another link to Scoble: http://scobleizer.com/2007/04/25/aapl-kicks-a/) [...]
Moving away from computers and into consumer electronics was the best thing Apple did in years.
From the beginning of the microprocessor revolution, the reason Apple struggled and Microsoft thrived was the large body of existing software that only ran on Intel processors. When Apple moved to Intel, it removed this advantage. As future versions of Mac OS move toward easing the ability to run this software, Microsoft becomes irrelevant. By emulating the MS API, eventually all Windows programs could run on MACs without any MS software in the box. While this does not mean the demise of Microsoft, I think it clearly opens the door for Apple to increase it’s market share from 5% to 20%. Given the margins Apple gets on it’s computers, I think this contribution to the bottom line is being overlooked in all the iPod/iPhone buzz. I expect this stock to split and double