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Apple stock

Discussion in 'Anything goes' started by WaylonJennings, Jul 26, 2007.

  1. patchs

    patchs Active Member

    Short term no, long term maybe.
    The stock is due for a big drop, the iPhone expectations were crazy. How many people have the cash to pay the $175-200 to end their existing cell contract early and then drop another $500 on a phone?
    In 2 years, with more people being able to leave without penalty and the phone's price dropping, the iPhone will sell more.
    They're never going to get more than 5-10 % of the computer market and the iPhone says the iPod is an endangered species.
    I would buy some shares but wouldn't put all my eggs in the Apple basket.
     
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