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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 679.68+0.7%Nov 26 4:00 PM EST

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To: GROUND ZERO™ who wrote (39420)10/25/2012 11:27:20 AM
From: Keith Feral  Read Replies (1) of 219438
 
Apple is usually the last stock to take the plunge before things whip higher.

Slightly higher iPhone sales this quarter should offset slightly lower iPad sales. I see things basically being a wash for Apple this quarter, with the caveat that their ASP for iPhones last quarter may present some downside risk. iPhone 4 and iPhone 4S were both discounted by about $100 last quarter. That eats into some margins.

iPad market share has probably peaked for Apple, given the number of cheaper kindles and tablets. That won't be getting any better with a whole new lineup of Windows based tablets hitting the market this quarter, starting this weekend. Apple finally has competition against every one of it's products, that's not going away. All I can say is they have their hands full, and it's about time that somebody came out with some great products to compete.
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