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Technology Stocks : Apple Tankwatch -- Ignore unavailable to you. Want to Upgrade?


To: Road Walker who wrote (7016)7/20/2011 1:20:15 PM
From: clochard  Read Replies (1) | Respond to of 32692
 
I read the other day that the 3GS will soon sell for half the current price, as a pay-as-you go phone (outside the USA I presume). Someone will have to write off a stuffed channel IMO.



To: Road Walker who wrote (7016)7/20/2011 1:31:30 PM
From: i-node  Read Replies (2) | Respond to of 32692
 
>> Surprises me also. But I've seen it before after a blow out quarter... and then it started one of its slow, almost everyday up a few points appreciation.

I think that's likely. As much as I criticize AAPL (and I continue to have those criticisms), there is more inertia in this company than I can remember seeing in one. At least for a very long time.

I don't think analysts putting $600 targets on the stock are overstating the situation.