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Latest Apple News and Its Impact
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Latest Apple News and Its Impact# Stock
e*7
1
Just finished reading all news I can found about Apple's GS Symposium
Presentation. I will summarize a couple of positive points:
1. Exciting enterprise feature.
2. SDK for Iphone.
3. iPhone contracts may not be exclusive in other countries.
4. Re-affirm 10 million target.
5. Possible 3G Iphone launch in mid of the year.
Here's my take on impact of stock price:
I believe it will have short term momentum but currently there is very
strong resistence in last gap down around 200-day moving average(
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