I think the hype may be deafening only to those of us that live our lives on the internet. Most people I know, who find their pleasures elsewhere, aren't nearly as excited about it as "we" seem to be.
I'm sure it'll sell well, but there is so much more involved in cell phone success than mp3 player success, that people predicting it will sell like the iPod are going to be very disappointed.
The big problem for me is that I own Apple stock, so I can just see the crash coming when these things actually hit the streets and sales/success don't meet hype.
I am also an Apple stock holder. I am setting a trailing loss stop at 7%. I am thinking about lowering to 5% to protect my gain in case the stock crashes after not meeting consumer expectations. Any thoughts?
I have been a stockholder for about a year... bought in when it was around $65/share. I panicked a bit when shares sunk last friday, put a limit sell order in, and it happened first thing this morning. Now that the release date has been announced and it's a couple of weeks later than I'd expected, I kinda' wish I'd held onto the stock another week or so, but... I made a great profit. So, I guess I'm happy.
Maybe I'll buy again in a few months after June 29 -- or after disappointment/media furor has subsided -- and the stock is moving upward again.
A small part of me fears that the iPod craze was just Apple being in the right place at the right time, and iPhone won't do near as well. (Recall how poorly their previous joint-venture music phone did -- I can't even remember the name. And supposedly AppleTV also isn't as hot as they'd hoped -- now Jobs is calling it a 'hobby'.) But, maybe that's just me. Apple has been a great stock to own.
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I think the hype may be deafening only to those of us that live our lives on the internet. Most people I know, who find their pleasures elsewhere, aren't nearly as excited about it as "we" seem to be.
I'm sure it'll sell well, but there is so much more involved in cell phone success than mp3 player success, that people predicting it will sell like the iPod are going to be very disappointed.
The big problem for me is that I own Apple stock, so I can just see the crash coming when these things actually hit the streets and sales/success don't meet hype.
I am also an Apple stock holder. I am setting a trailing loss stop at 7%. I am thinking about lowering to 5% to protect my gain in case the stock crashes after not meeting consumer expectations. Any thoughts?
I have been a stockholder for about a year... bought in when it was around $65/share. I panicked a bit when shares sunk last friday, put a limit sell order in, and it happened first thing this morning. Now that the release date has been announced and it's a couple of weeks later than I'd expected, I kinda' wish I'd held onto the stock another week or so, but... I made a great profit. So, I guess I'm happy.
Maybe I'll buy again in a few months after June 29 -- or after disappointment/media furor has subsided -- and the stock is moving upward again.
A small part of me fears that the iPod craze was just Apple being in the right place at the right time, and iPhone won't do near as well. (Recall how poorly their previous joint-venture music phone did -- I can't even remember the name. And supposedly AppleTV also isn't as hot as they'd hoped -- now Jobs is calling it a 'hobby'.) But, maybe that's just me. Apple has been a great stock to own.