Apple earning
By stlplace on Jan 23, 2008 in Stocks
Not so good. iPod growth slowed (finanlly). iPhone can not make up the hole left by iPod. As I read from MarketWatch, while Mac is exploding, but it has one problem: with economy slowing, people won’t blow extra 1000 bucks for Mac (why not just buy a Dell).
I think Steve should do everything to bring iPhone to China Mobile, but he is so stubborn about his 20% to 30% cut…
Interestingly, I thought about it buying Apple puts last Tuesday (see my post China ADR crashed, scroll to short ideas). No, I have not actually done that because I decided not to bet on earnings. I view that as more risker than shorting a stock when the trend is clear (EDU).
