TTBF

Apple Rumors: Mac Upgrades and iPhone Production Drop

I'm not so sure about the 40% production cut either. I was in a local Apple store in the Research Triangle area in Raleigh, NC the weekend before Halloween. It was as busy as ever with plenty of interest in the 3g iphone. The store was a mob scene and it was difficult to get some time to talk to one of the reps. Given the huge upside surprise this past quarter, I'd be surprised if sales were not strong this quarter.

Although overall Holiday sales will likely be off this year, it will still be an iphone Christmas.

We featured Apple in our newsletter this past weekend as a great covered call trade over the next year or so. With 25 billion in cash, they are well positioned to weather this economic downturn. About as well positioned as any other tech company....

Brian C Neall
Founder - Tradetobefree.com




On Nov 04 01:25 PM kris23 wrote:

> Maybe there just pulling back production in anticipation of decreased
> consumer spending. Although 40% sounds like an exaggeration from
> "sources." Either way I have no doubt Apple will make it out strong
> through the holiday season. Sentiment has been becoming stronger
> for AAPL (www.predictwallstreet....)
> and the price shot up this morning. I'm still bullish on APPL.