AAPL rose 13% to 110 yesterday, sitll worth buying for the rally? I can see it falling after today's announcement like it usualyl does.
Sure. I'd guess "the truth" is somewhere in betweenI hope you are right but we both can entertain our own versions because Apple will not tell.
Cause IP rights holders, e.g. the record companies would want to have a bigger slice of the cake. Most recent rumors on this are only a few days old:You raise an interesting point when you say Apple doesn't want to let on how good a business iTunes might be. Why would they want to do that?
" ... AAPL rose 13% to 110 yesterday, sitll worth buying for the rally? ..."
Nothing is every worth buying in a "rally" ... The market could turn and you could get burned.
Incidentally, a report should be sent to the forum admin regarding stock touts trying to get folks here jacked up about buying or selling stocks. I am sure wallstreetcrash's intentions are honorable, but don't count out that some here make money from churning the markets, not making investment suggestions.
I have AAPL stocks too, and agree that the share price will bounce back..
AAPL rose 13% to 110 yesterday, sitll worth buying for the rally? I can see it falling after today's announcement like it usualyl does.
This is a hint: When Apple soars past estimates you'll wish you bought in today.
Posted Sept 29th:
How'd that work out for you?