mollytjm

Pay Little Heed to Economic Reports and Move On

i like this post...some sanity in the middle of madness. however, apple sales of iphones is way above estimates and will continue as pent up demand keeps going...i got two iphones after my verizon contract expired just this weekend. i'm not alone...lots of people out there are still on contracts too costly to quit. ipod sales were bound to be lower when the iphone got cheaper. look for apple to be very competitive...they know what they're doing. i have no advice for day traders but for the 'buy and hold' crowd, apple is a great buy and has a huge moat, cash and no debt.