iPod, iPhone were revolutionary products. I don't see much use for iPad. Of course, Macheads will buy some number of devices, maybe even couple of millions, but I don't see great future for this product.
Of course, I might be wrong. I don't want an iPad, but I don't have an iPhone or a Mac either. Although my wife owns iPod Shuffle.
Full disclosure: at the time of publication author did not have any positions in AAPL. Positions can change any time.
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3 comments:
Greets. A comment and two questions.
Comment: I agree with you on the iPad. Apple is due to make a misstep sooner or later and this is going to be it.
Question 1: Any new thoughts on TSCM? I don't mean it badly, just saw you had bad luck with the timing of your sale.
Question 2: Do you have any interest in Russian markets? Seems like you would have a knowledge edge there = or > to your technology knowledge.
Best,
Toby
Answer to Toby
1. Yes, timing on TSCM sale was a little bit off. Probably. On the other hand, stock jumped lately because company restated earnings for the 3rd quarter of 2009. Means that they improved their accounting a little bit. I still don't like management. I still think that decision to sell was right.
2. I avoid Russian markets altogether. There are too many political risks involved. Can't say I have some special knowledge there, I'm not some kind of political insider. Besides, Russian indices correlated to the price of oil, which you can trade with lesser risks.
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