Originally posted by Algol
What is your advice for tomorrow. I have a lot of shares in AAPL.
I'm sitting tight. I have a lot of shares as well - but far more options.
I'm not worried about the shares - been sitting on those for a long time now and whatever happens tomorrow will be part of a larger plan, so they'll come back.
The options are Jan 06, so there's not much time to recover, but the more I read this, the more I learn about it, the better I feel. I think we'll open up, jump all over the damn place, but we won't close significantly down. I think that in spite of the uncertainty of short-term sales, the certainty of Intel as a chip supplier over IBM/Freescale will bring the longs in. I think the street will like this, if I'm reading it right. Wish I was holding Jan 07s, though.
I think there's a surprise in this that we haven't seen - some *other* reason to partner with Intel. Steve has a history of doing that - of seeing 3 plays where you'd only expect 1 and walking away with a deal that seems imbalanced in his favor. I think we'll see a new product segment that will offset any potential loss of hardware sales due to the transition.
AAPL has been good to me. I've read the leaves right many, many times, and I think I have this one wired as well, but I've never been so anxious going into keynote.