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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 691.72-0.1%Jan 16 4:00 PM EST

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To: Davy Crockett who wrote (47734)4/14/2012 2:01:34 PM
From: Johnny Canuck  Read Replies (1) of 69823
 
I would expect any fall out from the price fixing lawsuit on e-books will be minor. They have enough of a war chest to pay billions of dollars in fines and still not make a dent in their ability to grow and develop the next technology.

I would be more concerned if the next technology will sustain their growth. The next iPad was not really the game changer most people expected. The next iPhone is going to have to something special to keep the momentum growing. There has been some negative feedback on Siri not living up to the hype. It has not effected them negative as there were other apps such as video conference that have kept the momentum going. Keep in mind the video conferencing was WiFi based as opposed to 4G so the hype around 4G is overrated.

Again this company is a lot about spin and creating a lifestyle image. Sometime the technology does not have to live up to the hype.
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