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Technology Stocks : Apple Inc.
AAPL 273.80+0.2%Dec 29 3:59 PM EST

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To: rnsmth who wrote (63605)4/26/2007 12:02:28 AM
From: billcasto  Read Replies (2) of 213177
 
Good Job. No pun intended. Well, maybe a small one. I have both calls and longs. I now plan to start getting much longer. Someone or something will surly come out in the next week or two to knock the stock down below $110 so I can get longer for the phone, the new Ipods and Leopard. Not to mention ITV, which I hear is selling very well.

On a different note. I think it was in late Dec. of last year I made a comment about the large amount of money Apple spent on Nand. I think it was on the the delayed 8K they were filing to restate earning because of the options backdating. Someone on this board told me they were building up supplies on the cheap. Possibly that is reason for the 35% profit margin? Can someone comment on this?

Also, what are the benefits of spacing out revenue recognition on the different products?
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