Rumors have it that that some AT&T or formerly Cingular stores, working against company policy, are taking pre-orders for the iPhones and some store in New York City has a waiting list with some thousand names. If this is true, the pent-up demand for iPhones may even exceed Apple's expectation. The iPhone is scheduled to launch in June, most likely end of June.
Maybe it's time to buy AT&T and Apple? My opinion is free, your money is not, so invest at your own risk. APPL and T close at 110.69 down 2.2, and 40.42 up 1 cent respectively.
UPDATES:
According to rumor site, macrumors.com, the iPhone is available in store on June 20th. And iPhone support training runs between May 30 to June 20th. Get your credit card ready.
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I advise buying the iPhone first before you decide to buy Apple Inc. and AT&T.
ReplyDeleteAfter trying the phone out and if you think it's very good then you can consider buying the two stocks.
Of course always provided it's not too late to do so. Just my two cents' worth.
I don't think I can even get my hand on an iPhone given the pent-up the demand of the gadget. Apple stock price is more than a 100 bucks it's not affordable. AT&T maybe. It's not the most scientific way of investing of how to value a stock but that's OKAY.
ReplyDeleteBuy a stock the way you would buy a house. Understand and like it such that you'd be content to own it in the absence of any market.
ReplyDeleteWarren Buffet