| Sam, I saw your post in regards to supply coming on next year. If you think 2010 is going to be bad in terms of getting parts the second half of this year, it's going to be worse next year, really worse. When I see Apple increasing their IPAD shipments to 17 million for next year, and quite frankly they're going to do more like 25-30 million because this year, they'll wind up doing 14 million, if they can get enough LCD's and nand, I simply don't see oversupply by any means. The entire reason why this stock as well as most other stocks in the stock market are down has nothing to do with demand, it has to do with what is going on with our government (lack of job growth). It doesn't matter if overall growth slows down because the demand for smart phones will not, and other gadgets incorporating massive amounts of nand. Perhaps a more pricier IPAD would sell less, but the one thing people are willing to do every two years is to buy a new $100-300 smart phone because it's a must. Even with a slowdown of 5% next year in what they are originally forecasting for bit shipments, their still isn't enough capacity coming online in time. If all of these tablets and such continue to grow like they are, and SSD's kick in, forget about it. We're probably looking at a 10% undersupply by the time next year will have ended. |
