Loading...
July 1, 2010#

Anything you can do…

Anything you can do.. Apple can do Better.

Simple but true, especially in todays mobile mayhem super connected and ultra plush experiential mayhem marketplace.  Apple didn't invent the phone, computer or tablet.. but it sure as hell made them damn fun to use.  

I just notiched JP Morgan upped its forecast of Apple stock to $390… Apple today is sitting around $250.  I myself 3 years ago when the iPhone debuted, was very bullish on Apple I figured it'd hit $250 mid last year, but then that whole recession arrived.  The only thing that screws up JP Morgan's lens of clarity here is the pending double dippage recession people keep talking about and that market seems to feel like.

I do think a double dip is happening, this rally was a bear market I'm ok bounce.  There's alot to see in the window of the future, tons of potential but its saddled with corruption, weak big item sales like homes, and we're crowded in a hallway with tons of unemployment.  Its not a good scene, yet technology screams of uber advances, and even if you are unemployed, I bet your in line for an iphone.. the new house, you can't afford.  

Luxury is shifting, we're going into the time of extreme cheapness, limited luxury turned essential utility.  Making calls isn't just required any more, having an app store and 500,000 apps to choose from… thats the new "at least" poverty bar.  

I predict we'll see a Factime capable iPad some day, and maybe Apple stock at $390, though we need more doom first before we'll happily go in that positive direction.  

Posted via email from this is the flooz