Here are all the new product announcements from Apple , courtesy of Engadget.
Boy the web sucks…right :) !
The traders are selling the news…no shocker as the stock has run unstopped for 30 points.
Personally, I am ashamed to have spent $699 on a phone that now is $399, but I deserve that. Knew that was coming. I did think he would wait until October 15th…prick. I am burning all my black turtlenecks and t’s as an act of defiance.
By the way, it’s so over for everybody else and if Synaptics is at anyway involved in the touch interface…look out above.
Disclosure – Long Apple and SYNA – Synaptics
Wow … that picture on Apple’s home page says it all. They’ve unified the entire iPod and iPhone product line into a coherent product line. The new iTouch is basically the iPhone without AT&T, which was the only disgusting part about the iPhone. Soon either some hacker or Apple’s version 2.0 will enable Skype and then you’ll never notice that there’s no cell phone attached you’ll just save $2,000 in subscription fees.
I closed yesterday’s PUTs at a profit, and holding my long position from Howard’s earlier recommendation ($90 entry now reduced to $65 cost basis due to hype-catching puts) because Steve really gets this. He’s going to make the telecoms irrelevant in 5 years. I’ll cash out with Howard in a decade or two, or maybe just put it in my will! ;-)