Monday, June 9, 2008

Apple Store Is Back; 3G iPhone

The Apple Store is now back. What other company would voluntarily close their online store for almost 3 hours? 3G iPhone has been announced and it has GPS (use sparingly or kill your battery). Only $199 for the 8Gig version. AAPL has come off it's low of the day and is at 183.61, volume 43,737,976 with 1 hour still to go in the trading day. I have no idea how the market will react to today's announcements. The new iPhone will be available on July 11th and I will guess that the stock will be above 200 on that day.

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