Will be somewhat of a miracle if it does. Apple will have to release some really good news. Not even an upgrade helped today. Its pretty bad when stock tanks on an upgrade. Downtrend continues to 400 Im afraid.
Personally I think the fall from 470 through the 444 level without a fight was destructive. The past few days where 6 point gains are sold down to nothing shows there is renewed selling. Anything can happen but looks like it will sell off any rally and continue to consolidate in the low 400's.
Today France Telecom CEO said iPhone too pricey for Europeans The charge that iPhone just costs too much, ( His statement would have you think every european agrees with his thinking, the truth may simply be his telecom does not want to carry the cost of high end products with term contracts, apple may be pushed into expanding their line to offer a quality product line and a value model.
Best Buy was already selling SAMSUNG products in its 1400 stores. Only difference now is Samsung must pay rent to BestBuy, and Samsung gets to hire its own employees to staff sections to feature Samsung products. have to see how this works out... with Best Buys customers being mostly the cheapo type.