Let's walk through this.
Texas Instrument missed. Nokia tanked.
The market is counting on the i-phone for results. I think the last I heard the i-phone is still a consumer electronic product and until it is up and running for business, Apple remains at the mercy of the consumer.
The i-phone is a product captive to the US consumer.
Well, the US consumer is in bad shape. Home values took a bad hair cut, the stock market went on a severe diet and gas prices went through the roof. Will people buy a fancy looking phone or buy gas to go to work? I think the phone will go first.
what if I am wrong? I'll have to cover the short and probably lose some dough.
Nothing ventured nothing gained.
Wednesday, April 23, 2008
What will Apple do Tonight
Labels:
apple,
consumer,
Google short,
i-phone,
nokia,
texas instruments
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