stock prices people
It seems like some people here are just too ignorant/young to know what stock prices are, and that even falling this much (based on BAD AT&T numbers that do not represent sales, but are being interpreted as such by many parties who should know better) means NOTHING. Apple is not losing "earnings." Their market cap is dipping. A little. Going back to what it was a few days ago or some such. NOT A BIG DEAL AT ALL.
Personally, I wonder if someone is trying to move AAPL down on purpose, to buy in, knowing that reporting activations as sales will give them a short-term buying possibility when IDJITS can't interpret the difference.
Oh well -- I am holding my lowly number of shares, probably for at least a few years, and likely longer than that. I am fully expecting AAPL to hit 350-500/share (not accounting for potential splits) by the end of the decade. Why, you ask?
Macintosh -- the Intel transition went smoothly, real smoothly, and 10.5 is on the way. Mac sales keep going up up up, and new models will keep getting better.
iPod/digital music -- not much to say, they own the digital music market, and I doubt that will change any time soon. 3rd largest music reseller in USA? Even I never would have guessed they'd hit that mark this quickly.
iPhone -- it is going to OWN portable communications/media in 5 years, mark my words. Samsung, Sony Ericsson, Nokia, Motorola -- watch your backs!
AppleTV -- kind of the sleeper-hit right now, but you know what -- if they implement on-demand rentals, HD content, and just a feeeew little other tidbits (which seem obvious), they are going to have a winner hear. Another friend of mine is canceling Comcast Cable TV tonight (I already did this a month or two ago.) We'd never think of canceling cable internet/broadband though. Guess what? A slightly tuned AppleTV is just what we're looking for. My guess is Apple is smart enough to realize there are MANY like us who can't justify $50-$100/month cable TV bills, Netflix bills, etc.
Final Cut Studio/Pro Market/Enterprise -- Apple has pretty much scared the CRAP out of Avid, and is becoming, very quickly, a standard for content creation. This will only accelerate. Apple can ONLY grow in the enterprise realm/SMB.
And this doesn't account for any NEW stuff Apple might have in the works. Which, knowing them, they are up to.
Why all the smack talk, again? Sheesh.