Look for our daily calendar webinar soon! Sep 24th is the day.
As I look at the underwhelming iPhone launch, and my phone, I keep thinking there is an app for everything. There is an app for tides, sports, music and just about anything under the sun. My problem is a I need an app to tell me what to do in a market on Quaaludes; lots of delusion and nothing going anywhere. As there is an app for anything, there are positions for every market condition, even markets punch drunk with Fed indecsion and sound bites.
Besides the airlines this cycle (AAL down $13 since earnings) AAPL has taken it on the chin with shrinking iPhone and iPad sales. The big one is the iPhone which generates most of AAPL’s dollars. Newsy rumors today that AAPL vendors are expecting much smaller orders cratered AAPL stock. This is after a rough ride from $100 after earnings. For a company that has mostly done everything right since 2000 it is a tough road.