On Oct 4 morning, bunch of analysts from "deeply troubled" US financial firms issued warning about Apple's next year revenue. They stated that this company will be in trouble because no one will buy the high price products. Apple does not have a product line compete in the 1,000 price range. Hence downgrade and all. Three days ago, Apple made an announcement for this coming months and next year. Guess what? A 1,000 PC to compete in the market place.
Now, my question is what do these analysts know then? How can they provide analysis to a company when they don't even know what the company is rolling out in the next while? No wonder we are in such a deep hole with the financial market.
Surprise, no one holding Apple shares has come up with a class action suit suing these guys and their companies for causing a dive in the share value.
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