This picture snapped by an ATT employee off their computer system is disturbing. It's pretty compelling evidence Apple (AAPL) is releasing "iPhone 4S" which would imply only minor updates to it's next gen handset. With the street anticipating a complete refresh this could bring Apple (AAPL) back down to earth after it's swift rise to a record $420 from $365 in only a few weeks. As goes Apple goes this market so if we get a breakdown in the "best run company on earth" it could spell disaster.
This is not a recommendation to buy or sell any securities. DAK was long AAPL at time of publication but positions can change at anytime.
No comments:
Post a Comment