David Hasson

The App Store: A Billion Downloads, But Not Much Revenue

It might be generating a large amount of ad revenue for the free apps that are downloaded (but not for Apple). And the marketing value of each app downloaded is huge... I'd argue that it's an intangible number.

Plus, add into the mix the fact that the current marketing campaign heavily leverages the app store as a reason to purchase the iPhone, and even greater, the iPod touch.

Monday's Closing Update

20,000 shares isn't a terrible amount to be concerned about, even at $40...



On May 11 06:39 PM roger.wan wrote:

> GM 6 top management officers just sold about 20,000 shares at 1.45-1.60,1
> hours ago.
>
> Friends, the ship owner is jumping into the angry sea....
>
> Wish they be fine when they need to face so many Mama and Papa investors.

Palm's Pre: Likely to Break

Never underestimate the ability of a product to take hold merely on virtue of it's appearance and feel arousing the 18-24 crowd. That's how products take hold in this market. What ensues later is anyone's guess - but I think if Dan Hesse says that he won't let the product out unless it works well, you all might be surprised.

Also, there are too many third party developers that depend on the iPhone framework for there to be any curveballs thrown in June. We know what is coming from Apple - it's good, but they aren't game changers. Look at Android's adoption rate - very slow and almost laughable, but they are still picking up pace. I think that's a worst case scenario for Palm. They have a much sleeker hardware device on their side. And hey, maybe the texters will buy this one - because they certainly aren't texting on the iPhone.

All that being said, the fundamentals seem to indicate that holding Palm through the release wouldn't be the best idea. That aside, it's not all doom a gloom for Palm and Sprint.

Reduced Credit Limits: That's the Good News

Well, as a consumer, my problem is largely that they cut credit lines without much warning at all. This can cripple the consumer - it's not always as simple as keeping people on welfare from buying 22's for their cars. The dejected consumer in many cases spirals into not spending any money at all until there is a surplus, which I would think could be hard on the economy. The 200 billion gets magnified quite a bit.

Pullback on Monday?

Sadly I wish that had been true

Exercise Caution on CEFs This Week

I'm fairly new to the scene here, but would this apply to funds like JHP and AOD?

Apple's Steve Jobs Isn't Sick - Argus

Well, assuming he's not actually getting worse with regards to his health, that is exactly what they are doing. They've pulled him from the Macworld limelight and are pulling out of trade show appearances (which are largely just platforms for his famous keynotes). So maybe you should buy as you say :).

Apple's Steve Jobs Isn't Sick - Argus

I think it might be a bit premature to speculate based on the rumors of a larger touch device. One thing that has been mentioned by someone other than a rumor site is the introduction of a lower cost iPhone - which I think would really represent an aggressive move into the entire phone market. I like Jobs, but I think his role now is a little exaggerated and investors should calm down.