MacNight is a blog to humorously extoll the vitues of the Mac and Apple products. Its all in good fun, and please talk it up.
Monday, May 21, 2007
Apple stock price rockets forward
In anticipation of the successful release of the iPhone and other Apple devices, Apple's stock price continues to climb. Over the past month, the stock has now increased in value 22%. Not bad for a single month.
Maybe Apple should release a "Super Mario Bros." version of the iPhone to keep up with the Halo Zune. Of course, Nintendo would need to get a cut of the profits.
The only thing is that Apple can't make mistakes - when they make a mistake like the Cube, the stock dives! Good thing they're rolling on all cylinders.
By the way, I bet the iPhone will play games - maybe even those sold through the music store.
As I said before, the market giveth, and the market taketh away. It's not just Apple that cannot make mistakes. These days, the market is so fickle that if earnings per share come in so much as 1 penny lower than projected, then the stock goes down. It's really ridiculous these days. The main reason for the tech/internet stock crash that happened in 2000 was that stocks were valued not on actual company earnings and stability, but rather on excitement about these new companies - even if they were completely unstable and unprofitable.
4 comments:
Maybe Apple should release a "Super Mario Bros." version of the iPhone to keep up with the Halo Zune. Of course, Nintendo would need to get a cut of the profits.
The only thing is that Apple can't make mistakes - when they make a mistake like the Cube, the stock dives! Good thing they're rolling on all cylinders.
By the way, I bet the iPhone will play games - maybe even those sold through the music store.
Lo,
As I said before, the market giveth, and the market taketh away. It's not just Apple that cannot make mistakes. These days, the market is so fickle that if earnings per share come in so much as 1 penny lower than projected, then the stock goes down. It's really ridiculous these days. The main reason for the tech/internet stock crash that happened in 2000 was that stocks were valued not on actual company earnings and stability, but rather on excitement about these new companies - even if they were completely unstable and unprofitable.
-Le
Thanks for the info, it's very informative.
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