Archive for May 16th, 2012

Apple’s Drop Now Too Large To Ignore

Wednesday, May 16th, 2012
Apple’s Drop Now Too Large To Ignore

It looked like Apple (AAPL) might be establishing a foundation at about $560. With the stock declining, this stopping point is important. The steady rise to $644 produced no clear support levels, and the stock needs a foothold to encourage investors and prevent frustrated selling. Then along came today’s breakdown. What next?… This article... »

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Apple’s iCloud Upgrade: Creative Leadership Or Competitive Response?

Wednesday, May 16th, 2012
Apple’s iCloud Upgrade: Creative Leadership Or Competitive Response?

Previously, I listed iCloud as one of Apple’s (AAPL) uncertain growth/profit areas, explaining: “iCloud – All the heavies are weighing in along with new, smaller firms, competing aggressively on product and pricing. This activity has the earmarks of a service quickly becoming a commodity with low profitability.” This view is fleshed out in Tuesday’s... »

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