It seems like Apple ($AAPL) might be on the same path to repeating the same fatal tactical mistake it did in the 90's against Microsoft ($MSFT). To refresh our memories, here's a brief time-line of how Apple had the opportunity to rule the computing world:
From 1980's to 1995, Apple ruled ...
I really don't know why this is happening, but there seems to be a lot of downward pressure on Apple; even with relatively strong fundamentals - their strong sales of iPods, iPhones, and Macs. As you can see from the weekly chart below, the price has broken through a major ...
So I was going through the news today; Market Watch, doing some personal research which I'll keep to myself for now. Here's an interesting thing I came across; Analyst info on Apple
Analysts Recommendations
Current
1 Month Ago
3 Months Ago
BUY
20
17
21
OVERWEIGHT
4
6
3
HOLD
4
3
4
UNDERWEIGHT
0
0
1
SELL
0
0
0
MEAN
BUY
BUY
BUY
Ref: Marketwatch.com
Now, can you imagine that the average ratings for 3 months now ...
So today, Apple announced the lunch of the iPhone 3G, for July 11. I guess everyone knew it was coming but the big surprise, for me, was the price.....$199!!! Damn! I don't think a lot of people have mentally digested this or may be I'm just finding it really hard ...