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Forum nameHigh-Tech
Topic subjectApple's Stock has nothing to do with it...
Topic URLhttp://board.okayplayer.com/okp.php?az=show_topic&forum=11&topic_id=134147&mesg_id=135638
135638, Apple's Stock has nothing to do with it...
Posted by Uchiwa_Sasuke, Fri Jan-25-08 05:39 AM
Stocks went down when the Iphone was launched because analyst believed it was two pricey and the single carrier would not work, no email push and the fact IT administrators would not incorprate them ito their networks because of fears such as security etc... fast forward 4 million sold.

Ipod - No wi-fi capability, linked to single software etc etc ... 10 million sold.

Who would have thought apple would boast 1 billon plus profit out of 5 billion revenue ? None of the stock analysts !!!

Generally most people do not look at stock predictions before they go out and buy stuff.