It's pretty obvious the Fed wants to create a bubble until every last senior citizen on a fixed income is in the stock market. Find it hard to believe that the recovery takes 9 years which is about how long it will be from the start of the crash till the rates are raised. I guess they expect no inflation. On anecdotal evidence I have been shopping at Whole Foods and I'm paying 10% more for the same items I bought a year ago. This subsists of prepared foods and produce. My health insurance has risen 30% over the last two years. So where exactly is this low inflation environment they are talking about. Where is this slow economy everyone is talking about. iPads and iPhones are flying off the shelves. People are buying new cars. If there are no jobs how can Las Vegas be filled with people on vacation. Are they coming there using their unemployment checks. This house of cards will come tumbling down. The Fed and government have never learned their lesson.
I for one am sad to see the end of the store rental. Redbox doesn't have hardly the selection that video stores had. Until every DVD is available for streaming in Blu-Ray quality DVD service must continue. I'm sure the studios would prefer that individuals buy every DVD they want to watch.
The usual suspects will be paying bums to wait in line when the new Mini comes out so they can buy as many as possible to sell on eBay at marked up price. If the shortage is as much as Cook is saying it will be a very profitable Christmas for the sellers. Plenty of people to pay marked up price to make sure one is sitting under the Christmas tree.
Oh, I get it. Six months from now they will come out with an upgraded iPad with the fingerprint sensor. Why come out with new iPad before your ready. The plan now was to unveil a totally underwhelming iPad for Christmas. Mr Cook, you can fool some of the people some of the time.
I guess the new iPad will have almost no new features except the thumbprint, faster processor and better camera. Sad, no innovation.
7 business days for AT&T less waiting for Verizon and Sprint.
How much longer are we going to have to wait for it. Apple hasn't made a significant iPad revision in ages. I'm not talking about the Mini. I want to see a new iPad with new features. It should have been announced with the phone. What are they waiting for, November so they will have shortages for Christmas. Put Ashton Kutcher in charge, at least he looks like Steve Jobs.
Icahn is trying to manipulate the share price by talking up the stock. Warren Buffet never does this.