June 8, 2007 If you have a keen eye for the markets, you’ll no doubt have been watching the publicity leading up to the release of the iPhone which is slated for June 29. Could the iPhone go the way of Project Ginger (the Segway) and have a fantastic product dubbed disappointing because expectation was just so high? And just how much influence can one product have on a global company’s market cap? According to John C. Dvorak, if “you follow the rules and sell on good news and buy on the bad, now would be time to short Apple Inc. There is no company out there with this much good news.” The interest in what happens next has seen regular sports bookmakers frame odds and the latest market on what will happen to the value of Apple Inc.'s (AAPL) stock on June 29 is that it is short odds to post a greater percentage gain than AT&T and …
Dvorak’s article can be found here, the bookmaker touting those odds can be found here.
About the Author
Mike grew up thinking he would become a mathematician, accidentally started motorcycle racing, got a job writing road tests for a motorcycle magazine while at university, and became a writer. As a travelling photojournalist during his early career, his work was published in a dozen languages across 20+ countries. He went on to edit or manage over 50 print publications, with target audiences ranging from pensioners to plumbers, many different sports, many car and motorcycle magazines, with many more in the fields of communication - narrow subject magazines on topics such as advertising, marketing, visual communications, design, presentation and direct marketing. Then came the internet and Mike managed internet projects for Australia's largest multimedia company, Telstra.com.au (Australia's largest Telco), Seek.com.au (Australia's largest employment site), top100.com.au, hitwise.com, and a dozen other internet start-ups before founding Gizmag in 2002. Now he writes and thinks.
All articles by Mike Hanlon