April 20, 2006

Apple Reports

I was looking for one thing in the report - Mac sales. In my opinion, the iPod story is built in. They own it already so they better not disappoint.

Computer sales were up 4 percent. Not great or at least not as good as I expected.

After seeing that number I don't care what the excuses are. Intel switch is the big one sited.

The momentum guys will be hard pressed pushing this back above $80 on that number. Likely rangebound. Still my favorite company but now in a show me mode to see if they can start selling Macs at a faster pace. Sideways is still good for a stock that has risen this much the last few years.

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