Why this keeps falling? What happened to Trencent earnings suppose to be on 18th of this month!
yea very disappointing but this is the trend now! Ican did not get out for nothing. Big guys know much earlier than public. AAPL is the best but sometimes best is not good enough! Two resons
1) Smart phone market is saturating fast. China has Heuwai their own smartphone.
2) you cannot sell Indians iPhone for $100. Indian middle class is small and very price sensitive. so don't expect much from India.
I see this thing can go to $ 75 by July.
Market saturation on horizon. I have not change mine past 3 years! Not much reason to do so.
Looks like TC has tunnel vision, he thinks Indian young middle class can spend as much as Chinese middle class! He need to visit India see for himself, they cannot afford apple products period. It will be really difficult to make profit in India.
with 4 - 8B$ bid this situation. Yahoo is truly investors nightmare.