THE most ignorant statements from anal-ysts etc. about Apple ever!
This article is so ignorant and biased it's almost unbelievable:
http://www.thestreet.com/_yahoo/tech.../10095766.html
http://www.thestreet.com/_yahoo/tech.../10095766.html
Comments
1. "That's true even though the stock is up 38% from April 28, the day it announced an online music store that could boost sales of computers and iPods, its line of portable music players. After hitting a 52-week high on Monday, shares later retreated amid broad-based tech selling, ebbing 14 cents, or 0.7%, to $19.06."
So...their stock is up 38% in less than 2 months...it goes down less than 1% in one day, on a day when the market as a whole was down, and Microsoft, in particular, was down more that 2%. So Apple is clearly doomed.
2. "Yet fund managers seem unmoved by speculation about Apple's pending product rollouts."
Yet Apple is up 1% today.
And finally...
3. "I think we made the decision a long time back on sticking with winners,"
Winners? Apple is one of the two major technology companies (that are NOT monopolies...this excludes Intel and MS) that has continued making money during this recession...Dell being the other. That's pretty amazing given Apple's position in the market.
Oh well.
My junk computer here at work just crashed (I won't mention names, but is one of the biggest brands, and it crashes 4-5 times a week, sometimes 2-3 times per day). Why is it the inherent cheapness and poor design of PCs is not mentioned in these articles? At our office we struggle individually and collectively with our PCs each day and we have a large IT section that has to manage them. Why is this not mentioned?
Apple computers are better and the Apple OS is better. The problem is that Apple is not the 'standard' and they have a hard time getting analysts taking them seriously. There was not one mention in this morning's Globe and Mail (Canada's 'national' newspaper) regarding the G5. Frustrating.