Wikinvest Wire

Thursday, April 14, 2005

Apple

Last night during both the preinterview and the actual interview on CNBC Asia I was asked about Apple computer's earnings. My answer was along these lines; Apple has regained some of the importance it had in the 1980's over the last few months with the success of the Ipod. I think that the crushing it has taken with the very good earnings report supports the notion that there is a problem with the demand for tech stocks. Not a shocking revelation but it is a corroborating piece of evidence.

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