Monday, June 22, 2009

Mixed Signal?

The Dow went down more than 200 points. The pundits are citing economics concerns and other BS as what most pundits are expected to say having known what the direction the market moved. At the same time Goldman is expecting to pay out good bonus to its associates. So I guess the financial market is bouncing back or at least making good money again.

Apple's 3G Ass is selling more than 1 million in its debut weekend and Jobs has a new liver. So that's all good news? No, the stock price takes a beating along with the major market indice and closes down more than two bucks. I think Apple still has good fundamentals in this recession economy with or without Jobs. Another interesting thing to watch is would Apple kowtow to China's security concern if or when asked to install some filtering software like Green Dam to its hardware? Would Apple cry bloody murder or will it just oblige? If Windows machines are made to install whatever god awful filtering software I don't see no reason why Apple or Linux or whatever consumer machines can be exempted in the next phase after Windows machines. As if in the grand tradition of Chinese knockoffs, if you can pirate why buy originals; even the Green Dam filtering software is allegedly developed from stolen proprietary codes from another software company based on California.

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