ByLo, the same was said about the mp3 player market and the ipod is not that different from the others but its a fat profit line for AAPL because people are paying a premium for it. I think you will see the same for the iphone. Going back to the stock, I think people ran AAPL up going into the developer conference and this is just coming back to earth.
As of 10:47 AM EST: * Index UP 2.47% since Wednesday- Turned Positive on Friday. * PCX is leading the pack with 11.41% return since Wed. * All positions (except AAPL) are GREEN
hard to know when knucklehead actually posted, but it seems to have taken its cue and gone down from that moment.
huge day for the index tech stocks and energy stocks surged higher I almost never fail with regard to stock picking
Even with the markets down for a second day in a row the index holds up very well with some stocks in the green and others only down a little.