|On College Football 2019: Week 9 Preview|
DANIEL STAHLMAN* said:
|Almost 2 weeks later, and I finally watched my recording of the game. It's probably good that I didn...|
|On College Football 2019: Week 8 Preview|
|Great summaries of the games as usual, Ken. Penn State struggled in a lot of phases, but I was encou...|
|On College Football 2019: Week 3 Preview|
|Hey Ken. Glad you are back for another year of college football! As always, I appreciate the insight...|
|On College Football 2018: The End|
|I canít believe the regular season is over already.|
I love your remarks on fandom. Whenever I can, ...
|On College Football 2018 Week 11 Preview|
|Hey Ken, thank you for the Penn State coverage this year! I tried to comment earlier but the captcha...|
|Proof||Thursday, 2008 April 24 - 9:30 am|
|Remember this post, where I noted the recurring pattern of Apple's stock plunging after announcing first quarter results, only to have the stock completely over the course of the year? Remember when I said Wall Street investors must be idiots?|
The day before the announcement, on January 22nd, Apple stock closed at $159.64. The day after, on January 23rd, Apple stock plunged to $139.07. The stock eventually hit a low just under $120 per share.
As of right now, Apple's stock price is $162.55.
Apple's second quarter earnings report indicated a remarkable rise in Mac sales. Though iPod sales were essentially flat compared to last year, I think the Mac sales number is more important; Apple will pick up a much larger "halo effect" as new Mac owners purchase more software, accessories, and upgrades.
Watch for the stock to rise considerably in the run-up to the rumored introduction of the 3G iPhone. And for those who are interested, a 3G iPhone has become a stronger possibility now that one of the two major obstacles has (according to the rumor mill) been resolved: Apple may have found a low-power chipset that will allow for 3G communication. I'm still not sure how they plan to address AT&T's poor 3G coverage; perhaps they'll still market the current iPhone for areas not covered by 3G, at a reduced price.
Posted by Ken in: techwatch