Marketwatch: Apple, "Electronics Horseman," Rides On || The Mac Observer

Skip navigational links

Choose text size:

You're viewing an article in TMO's historic archive vault. Here, we've preserved the comments and how the site looked along with the article. Use this link to view the article on our current site:
Marketwatch: Apple, "Electronics Horseman," Rides On

Marketwatch: Apple, "Electronics Horseman," Rides On

by , 12:25 PM EDT, May 2nd, 2008

Leo Leydon of Financial Focus Advisory Services declared the four horsemen of consumer electronics during the holiday shopping season, according to MarketWatch on Friday. Now the race has narrowed to two, and only Apple and GameStop ride on.

Mr. Leydon christened the original four last year: Apple, RIM, GameStop and Garmin. Noting that the federal economic stimulus checks are about to go out, the analyst expects to see a spending spree, but doesn't believe those checks will help all the "horsemen" equally.

He placed Research in Motion (RIM) on hold and recommended to sell Garmin short. However, he maintained his Buy rating for Apple (AAPL) and GameStop (GME).

Apple stock is currently trading at US$179.44, down $0.56.

If you are interested in Apple's stock, join our forum members in the Apple Finance Boards, a moderated forum for Apple Investors and people who are interested in Apple's financial dealings. For other stories regarding Apple's stock activity, visit our updated Apple Stock Watch Special Report.

In the interest of full disclosure, the author holds a small share in AAPL stock that was not an influence in the creation of this article.

Observer Comments

Show: Subjects Only | Full Comments

Comment on this Article

Guest Posts Visible. Hide Them.
Back to top Page 1 of 1

Comments are currently closed. Please email the author instead.

Recent Headlines - Updated July 5th

Fri, 10:29 AM: News - Apple Warns of Learning Interchange Security Breach
7:30 AM: News - Happy Fourth of July!
Thu, 6:07 PM: TMO Scoop - Psystar Moves to Drop Bankruptcy Ahead of Apple Legal Battle
5:37 PM: News - Uncomfirmed Reports Say Apple & Nvidia On The Outs
4:57 PM: News - Microsoft Sick Over Barf Ad
4:09 PM: Product News - KRK Ships R6 Passive Studio Monitor for Recording
3:45 PM: John Martellaro's Blog - Particle Debris (week ending 7/2) Juiced, Joost and Goosed
3:12 PM: Product News - ExactScan 2 Pro Released
1:56 PM: Deal Brothers - Apple TV with 160GB Hard Drive: $324.00 Delivered
12:46 PM: TMO Appearances - TMO Appearances Jeff Gamet Shares iPhone Apps on MacJury
10:41 AM: Product News - Art Text 2.2 Adds New Templates, Layer Options [Updated]
10:04 AM: Hot Forum Topic - Deciphering Mac Sales

The Mac Observer Reader Specials

Download Typestyler, still the Ultimate Styling Tool for Internet, Print and Video Graphics. Works great in Classic with a Native OS X Version on the way. Free Tryout: www.typestyler.com
OWC: Big Drives, High Performance - Not High Prices! SATA 3.5" up to 1.5TB. Notebook up to 500GB. FW up to 6.0TB. 1.0TB Drive Models from as low as $97.99 www.MacSales.com
If you're using a Mac, then you've gotta check out Full Tilt Poker for Mac. This Full Tilt Poker bonus code does the unthinkable, it actually rewards!
RamJet Memory: MacBook and MacBook Pro 4GB kits for $57.99! Mac Pro 4GB Kits $99.99! iMac and Mac mini 4GB Kits for $57.99! 1TB SATA Hard Drives for $109.99! Click here
For the latest Apple products use Ciao, a price comparison website, to find laptops like MacBook Air. Then find the best prices on MP3 players and use our comparison tool to evaluate mobile phones like the Apple iPhone.
Laptop Hardware Provided by TechRestore - Overnight Mac & iPod Repairs.

© The Mac Observer, Inc. -- All rights reserved. All information presented on this site is copyrighted by The Mac Observer, Inc. except where otherwise noted. No portion of this site may be copied without express written consent. Other sites are invited to link to any aspect of this site provided that all content is presented in its original form and is not placed within another frame. The Mac Observer is an independent publication and has not been authorized, sponsored, or otherwise approved by Apple, Inc.