Is high-tech stalwart Apple Inc. (Nasdaq: AAPL) bucking the worst downturn since the Great Depression?
It sure looks that way.
Published by Bapcha Murty //
Documents brought to light by key by congressional investigators hightlight real disagreement between top-level U.S. Federal Reserve officials about how it should address the Bank of America Corp.(NYSE: BAC) acquisition of Merrill Lynch & Co. Inc. are almost certain to fuel the ongoing congressional debate over the central bank’s push to expand its authority over the U.S. financial system.
Published by Bapcha Murty //
Back in Sep 2008, I wrote that Apple was losing its mojo [the stock was at $140 back then]. Today, Steve Jobs announced that he was stepping down and taking some time off – as he had underestimated his medical problems. Apart from the Cult of Jobs, Apple is on a path of no-return that will take it back to the cellar that it was in from 1980 to 1998.
Published by Bapcha Murty //
Recently, Apple did not announce that they would be selling their iPhone at WalMart. In fact, the San Jose Mercury news said that a $99 4-GB version would be sold at the #1 retailer – before Christmas; and the leading rumor site for all things Apple countered with “only the $198 8-GB version will be available at [...]
Published by Bapcha Murty //
Back in October of 2001, Apple introduced the first iPod. Apple’s press release read – an “Ultra-Portable MP3 Music Player Puts 1,000 Songs in Your Pocket”. Priced at $399 a pop and aided by really slick advertising, it was an instant hit – that put Apple on the fast track – from a company [...]
Published by Bapcha Murty //