montazuma525

Apple: Taking Some Chips Off the Table at Current Prices

If you watch "Mad Money" with Jim Cramer, he too says to sell your Apple stock right before they bring out their new 3G iphone which may be introduced at the WWDC conference in San Francisco in early June. This conference "will showcase two revolutionary development platforms, the ground-breaking innovations of OS X Leopard® and OS X iPhone(TM), the world's most advanced mobile operating system." The stock has really shot up this year, but why would Cramer say to sell your Apple then. I would think that the demand for the new 3G iphone would be tremendous and the stock would go even higher. I apologize if this is a dumb comment, but I'm new to this and I need to increase my knowledge base.