JosephKr

The Google Phone: Blockbuster or Bust?

Just a couple of things:

1) Google touts open platform for all and then ties itself to an exclusive with fairly one tenth the coverage of its major competitor (in this case Apple), not counting unknown deals for other countries (where Apple is already well-established).

2) Apple has already sold 5 million iphones in Q3 and is well on track to exceed this in Q4, regardless of any perceived economic downturn whether domestically or abroad.

3) The current market instability will hopefully get resolved once Congress gets off its collective tuchuss and gives Messrs Paulsen and Bernanke what they need to restore investor confidence (and thanks to Mr. Buffett for his move today). at which point everyone who bought Apple between $120 and $130 is gonna be ecstatic with the results when the stock goes right back to $180 to $190 where it rightfully belongs (and beyond).

iPhone App Developers Find Weaknesses in AT&T's Fake Walls

Just an interesting note: One of the fellows on today's edition of Fast Money on CNBC quipped that Apple has "already sold 3,000,000" 3G iPhones. That's since July 11, exactly one month. That works out to at least 9,000,000 phones for the quarter NOT COUNTING the pending 22 extra countries coming on line on August 22! That would be a minimum of 36,000,000 phones per year if the rate holds, again without those 22 other countries. See where this is going? Get your stock TODAY, because $174 is gonna look like a huge BARGAIN in a few weeks! You read it here first!