Quote from ByLoSellHi:
It's interesting to see Apple really taking it on the chin.
I think the smart phone space is very crowded, and their product isn't as differentiated as they really need to meet the lofty expectations associated with Apple products.
Also, Palm is getting kind of scrappy for a change.
I think the AT&T tether is more like an anchor in the consumer's eye, though.
IMO.
ByLo,
the same was said about the mp3 player market and the ipod is not that different from the others but its a fat profit line for AAPL because people are paying a premium for it.
I think you will see the same for the iphone. Going back to the stock, I think people ran AAPL up going into the developer conference and this is just coming back to earth.