Sacto Joe

Steve Jobs: Not Dead Yet

At what point does a "lapse" like this constitute something akin to a business version of shouting "fire" in a crowded theatre? Apple stock is dropping today in an up market. Coincidence?

This just doesn't pass the smell test, i.e., it stinks.

No Leadership from Apple Right Now

Re: "No leadership";

If you run a comparison over the last month (i.e., after the bounce-back from the previous major sell-off), you see that Apple tracks very closely to the market as a whole. I also note that, at the end of your "flag" there's a distinct uptick in both Apple and the general market.

Coincidence? Maybe. But my guess is that the general market itself is going to have to supply any "leadership", at least until Apple's new numbers come out and they once again blow away Apple's own ultra-conservative guidance.

The bottom line: As a former Presidential candidate once said, "it's the economy, stupid". And the health of the economy, IMHO, depends on one thing right now more than anything else - jobs.

And I DON'T mean Steve Jobs!

I still expect Apple to top 200 this year, more or less permanently. Under the circumstances, that's pretty darned remarkable. 300 next year.

Oh, and as concerns Apple employees who have all this stock and no longer "give a flying f*** about whether they contribute or not", that's utter tripe. Why, if you've got a good thing going, would you do anthing to jeopardize it? Just the opposite: you'd do what ever was in your earthly power to make it even MORE of a good thing!

3G iPhones Already Outnumber First Generation

Hmm. I predicted one month to double the number of iPhones. Guess I was a little too optimistic.

OTOH, there is SO MUCH negative press being generated from SO LITTLE in the way of actual issues, it's bound to act a bit like an anchor. The meaningless neg press is so bad that you'd think Apple was somehow aligned with Barack Obama....