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Technology Stocks : Apple Inc.

AAPL 259.35

+0.1%

Jan 9 9:30 AM EST

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To: NAG1 who wrote (60820)	1/17/2007 8:40:28 AM
From: jeftuxedo	Read Replies (2) of 213182

The bears are coming out of the woods right around earnings report time. This article on RealMoney.com this morning is by Tero Kuittinen and is entitled "Apple's Dangerous Contempt": thestreet.com In the summary box to the right of the title of the article, he sums it up like this: "1) The iPhone isn't revolutionary like the iPod was. 2) The company omitted a global strategy. 3) The device is underpowered and overpriced. Outlook: Bearish" The last paragraph of the article sums up his position: "Apple announced the new phone in January 2007 yet won't start selling it in Asia until 2008. That is a rookie mistake, one among several that Apple has committed. The $20 billion added to Apple's market cap by giddy U.S. investors will evaporate once the global competition starts." Not a rosy outlook by this author. Although it is one that I heartily disagree with.

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