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Technology Stocks : Apple Inc.
AAPL 259.95-0.4%Jan 14 3:59 PM EST

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To: stock bull who wrote (70790)11/6/2007 5:35:39 PM
From: Rick Julian  Read Replies (1) of 213182
 
I disagree with the notion that the hype is over.

Anectdotally, I still get lots of questions from wanna be iPhone owners, when they see mine. Lots of questions. It remains an aspirational technology trinket with an unsubsidized price, so people are needing to dig deeper into their pockets than they normally would for a new, hot phone.

I expect lots of Christmas purchases.

I just bought iPhones as performance gifts for a couple of employees who really wanted them, but weren't prepared to pony up the premium price just yet. They could afford them, but at $400 a pop, there were higher priority purchases in their lives. My guess is this is a common consumer dynamic. The growth curve will be slow and steady for a while, IMO.
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