Originally Posted by Gatorguy
All in all another stellar quarter for the Apple cash machine. I don't agree with all their methods, but there's no arguing the magnitude of their success is amazing. The decision by Steve Jobs to go up against the entrenched and market leading Sony MP3 players years ago was the single most important step he's made at Apple IMO. It's made everything else that's followed possible.
I remember the day when the iPod came out. Many people found it to be ridiculously priced. Still, it was a hit. Probably because of the build quality and ease of use.
The economy might be poor, but people want to gift-buy something for themselves, own something special. Apply may be more expensive, it still sells better than the competition as many have stated in this thread.
Watching the stock price on a daily basis is nice; will be interesting to see it accelerate again.