Very strong update on MacBook Pro: Specs and Pricing. And the shares fall below $140k.
I think that’s b/c they will price the new iPhone very aggressively according to Jim G. - that could mean decreasing profit margins!
Well, I think a $50 price drop on the iPhone will be received positively. Judging from the price cuts on the MacBook Pro, we could even see a $100 price drop.
Great looking software updates. This stuff is very strong. Of course, WS sees it in terms of black and white and in the courier font.
I was short 180 of 2010 and 190 of 2011 as a hedge against my
long positions in my 2011 leaps…. I have covered all my shorts. I do
not care if the stock drops after wwdc as what they have done so far
is pure genius…..
I was short 180 of 2010 and 190 of 2011 as a hedge against my
long positions in my 2011 leaps…. I have covered all my shorts. I do
not care if the stock drops after wwdc as what they have done so far
is pure genius…..
My sentiments exactly. And we haven’t even yet seen the iPhone updates.
“Apple unveiled Mac OS X Snow Leopard, an even more powerful and refined version of the world’s most advanced operating system and the foundation for future Mac innovation. Snow Leopard builds on a decade of OS X innovation and success with hundreds of refinements, new core technologies, out of the box support for Microsoft Exchange and new accessibility features. Snow Leopard will ship as an upgrade for Mac OS X Leopard users in September 2009 for $29.”
Am I right in thinking that AAPL rallied after the keynote at MacWorld? I’ve a feeling that shorting AAPL might be a crowded trade. If they pull a China iPhone launch out of the bag we might well see a short-covering scramble.
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