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 ...
Well, not that I'm concerned about who has value or not...i mean, knowing this really doesn't add that much value :-), all I care about is how asset prices behave and how and I can take maximum advantage of them. But, hey....i guess stating out some observations wouldn't hurt.
So based ...
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 ...