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Apple and Intel Fail to Impress: Waiting for the Fed's Next Move

AAPL stock just followed the market with all the fears of a recession. This is a financially sound company with no debt and billions in cash. How many large companies can say that?

In addition, the continued increase in market share is a positive and will continue to be as these new switchers will be recurring buyers of Apple products in the future. I'm sure their in-direct advertising of Apple will help to produce more switchers within their own family/circle of friends.

Also, the the fact that SJ got all of the major studios to sign up for iTunes movie rentals is a huge deal. This fact hasn't been mentioned much. Studios would not have agreed to this unless they understood the current DVD-sales situation and thought it would prove financially profitable.

Lastly, Mr. Krasowski wrote that Macworld ". . .was deemed a
failure. . ." I read the various reports of this, and on the surface I can see how MW08 did not compare emotionally to MW07 and the introduction of the iphone. In my opinion, however, one must remember that these responses are based on the fact that everyone knew what would be announced (aside from the MBA). Investors and media cannot expect every MW to be better than the last. I'll take the 4 million iphones to date, increased computer market share, 80 percent satisfaction rating for Leopard, and ipod domination.

In my opinion, the stock will rise as investors see the situation for what it really is.