Research archive for AAPL

Apple crunched estimates at the end of the session prior to the one yesterday and soared in normal trade to touch an all time high above 260 bucks a share. The stock closed a little away from that, up just shy of 6 percent higher to 259.22. The one standout for me was that the company managed to sell more iPhones than iPods, and the other was that the app store was just starting to compete. Hanging over the rest of Wall Street and financials in general are the pending financial regulations. President Obama is pushing for much tougher rules.

It is finally coming, the iPad. Not anywhere near us down at the Southern tip of Africa, 12833 kilometres from New York, 16935 kilometres from the suburban city of Cupertino, where the Apple Inc. headquarters are. South of San Francisco. OK, so that is where it was thought up. Will the iPad replace the laptop eventually? I don't really know, will we start writing again on touch screens?