Market Currents
The iPad mini has gone on sale today, but without the long queues and frenzy that normally...
-
Friday, November 2, 2012, 3:57 AM ETThe iPad mini has gone on sale today, but without the long queues and frenzy that normally accompany the launch of a new Apple (AAPL) product. That's possibly because the specifications aren't as good as in the iPad, while the models on sale don't include the chips that support high-speed cellular Internet. Those are due in a couple of weeks.
Other date
TECH ETFs IN FOCUS
Latest Tech Articles
This news story has 36 comments:
Google sells 600,000 units in a month and analysts shout about how huge the Nexus 7 is.
For Apple, iPad is currently driving earnings.
Android's not directly about money either, it's a power play to get Android into the mobile (tablet and phone) market so they're not locked out in the future. Tonnes of android phones are being sold, so from that point of view its been successful.
I don't own any google stock, and I'm not a fanboy of anyone, but I would be interested to see what Google's 5/10 year plan is and how all of this fits together. It might be a way to push people to buying cloud storage and apps, combined with some ad revenue, but that's just my speculating.
Given enough tablet apps, Google hopes people will be drawn to Android as a tablet platform.
There have been low lines at Apple stores since they've encouraged online pre-orders. My local store persuaded me to pre-order my iPad 3 online and to take delivery at home, "to escape the madness/" I did, they delivered it ahead of schedule, and I'll never stand in a line again.
But boy, did you see those long lines of people trying to buy a Nexus or a Samsung SIII? We have to fight our ways through them to our local Apple store.
http://bit.ly/Vh0P75
There were 550 people at the NYC store as of 7:55am. A store that people didn't even think would open or have shipments because of Sandy. Show me any other company in the world that would have had a demand like that.
http://bit.ly/WeFInj
For the record I'm not a fandroid (whatever that is). I just saw an open opportunity to make a snarky comment regarding the absurdness of counting how many stores we see with lines outside of them. Sampling error much? The discussion of Apple on this site (outside of the relevant news postings) is no longer investing based but purely speculative on both sides (but mainly the bullys); not to mention a healthy dose of rabidly emotional people who mistake themselves as investors (at least of the fold who make positive returns).
http://bit.ly/RyRPG9
not that many people lined up for ipad 3 either.
and how about that Microsoft Surface? did anyone see a line at the Microsoft store?
i think many people that were hesitant to buy ipad because it was at least $400 will now be even more compelled to pay $330 for the ipad mini, since you get almost the same experience as the $400 tablet if you hold the tablet closer to your eyeballs.
I'll stick w/ the theory that Apple is at or near its bottom presently and will begin to heat up on Black Friday. Nothing really matters until the Q1 earnings report, but you need a rather strong constitution to ride out the dog days.
He's not the one telling everyone the sky is falling. Apple can only control the bit where they make cool stuff and sell it. How journalist report it is beyond their control.
I think we are close to a bottom though at the July earnings gap down in the 570-580 area and would like to see a close above 580 today or Monday.
http://bit.ly/RDTSGQ