Apple is the stock market darling
With an expensive week behind it, Apple has shown that it is more than capable of continually astounding observers and confounding the pundits.
After shelling out money last week for creative and then the recall of Sony built batteries, Steve Job’s company has shown that it now only has one gear on the ‘stick shift’ – fast forward.
Steve Jobs pulled a ‘fast one’ on the observers and pundits this Wednesday by announcing availability of what must be the ultimate new ‘object of desire’ a 24 inch iMac with the latest Intel chips built in – ready to ship that evening.
The pundits and observers had instead been very much focussed on the 12th September, when Apple has arranged a ‘special event’, speculating everything from video ipods through to goodness knows what.
So, in the gloomy week where Dell and Intel have disappointed all, it was left to Apple to hold the fort for Tech stocks.
Apple Stock moved up from 68.48 to 72.80 in the latter half of the week – Dell continued its downward direction from 22.71 to 21.73 in the same period.
But of course there’s just one more thing …. What will Steve Jobs be talking about on the 12th Sept ?