Spotlight ready to shine on Steve Jobs as Apple will own the next week
“Rest up weary tech investors because come Monday afternoon, Apple might offer up the ultimate party,” Jim Goldman writes for CNBC.
“We touch on Apple’s remarkable story throughout every quarter, but earnings provides the chance to back up so much sizzle with a whole lot of steak, they put meat on the bone, show the fire beneath all that smoke, and give Macolytes the chance to stare down the non-believers,” Goldman writes. “And laugh.”
“Apple has captured a kind of perpetual motion in the market completely elusive to all others who have tried to match its performance,” Goldman writes. “Monday’s numbers should be a knock-out, but longer term, there simply is no better company in a better position than Apple.”
Goldman writes, “Consider that sales are growing, Apple has a cash war chest of $35 billion (more than Cisco, Microsoft, Google, GE, etc.) …Mac sales of 3 million units a quarter are the best in the company’s history, iPhone continues to soar. Heck, iPod is an incredible story even after all these years. And yet, Apple still has enormous global opportunities ahead in both Macs and smart phones. It borders on the mind-blowing.”
“Oh, and there’s that other little piece of hardware on the way,” Goldman writes. “Something about a tablet?”
Much more in the full article, including analysts’ expectations for Apple’s Q110 financial results, here.
Source: MacDailyNews

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