Well, I DID ask you to get out and Buy, Buy, Buy, and sure enough, two days after a HUGE drop in Apple’s stock its back to its $88 dollar level. Lehman brothers DID upgrade the stock and reiterate a $105 target price, so there are many reasons why the stock has rebounded so well in comparison the rest of the Dow and Nasdaq which haven’t recoved in the same way. These reasons include:
Lehman Brothers Upgrade
Apple Maccs now have 6.8% Market share
Timothy Cook, Apples second in command, declared tuesday that the reason many cell phones come free with a contract is because they are “wothless”, and reiterated the iPhones $499 price and also commented rightly that when the iPod came out at $399 there were NO mp3 players at that price either.
Its nice to see and hear that Timothy Cook is as proud and confident as the messiah Steve Jobs, and shows that Steve isn’t the only guy with the skills to preach the gospel of Apple.
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