GOOG just confirmed that they desperately need to be connected to the AAPL dominance in whatever ways they can. And what a lovely free enhancement the GOOG turn by turn maps are on io6. Cook has been briliiant for letting the develoers have the keys. LOL
Buy all you can -- AAPL will be closer to $700 than $600 before the january earnings call.
LOL at the stupidity of the shorts posting here this morning, even making religious references -- all the same gumpers who told you it was a disaster to not have the GOOG maps... and also telling you its going to $100 when AAPL has $140 cash per share and will generate $40 of cash this quarter. LOL
goog luck on that. note that the convergence of the stocks is already underway as we suggested was going to happen.
You should only read the posts of the gumps here -- if you read mine you are likely to learn something. For instance, AAPL is not paying "billions to goog" for this free app to enhance users' experience.
goog is not being paid for the maps, they are simply trying to regain a seat on the AAPL train.
iTV will be available next year.
The io6 mapping enhancement is good news for aapl and a free app for iphone5 owners.
dont over simplify. These " dumb panic sellers" may not be so dumb but are forced into a sale because of leverage and margin calls that they did not expect based on the fundamentals of the company.
if anything has to be learned here is dont underestimate the power of hedge funds to take down a stock whichever it is. what you see here is a technical grind to wipe all the unprotected option holders accumulated for over 1 year. Who would have thought the stock dropping 30% aver iPhone 5? No one can truely understand why. Only speculation abound. This is going to be over when the large player say it is. Casino ? yes. until they decide the clan up is sufficient. Bottom line, you cant even rely on a company valuation to buy. the market will drive a stock where it wants for its own gains.