Friday, June 19, 2009

Apple released a new iPhone today




Apple Inc. release a new iPhone today. It’s now selling the 8-gigabyte version of the year-old iPhone 3G for $99, half the original price. Analysits predicts a 500,000 sell this weekend. At this moment, the apple stock is 138.50, rose 2.6 percent in Nasdaq Stock Market trading.


In the background of economy downturn and the recent recovery signs, apple's strategy seems to using massive production to compensate the 50% price cut and gaining more market share from its rivals like Palm and RIM. As the the recession easing at the third quarter and consummers spend more, apple together with AT&T could expand its bussiness easily riding the trend of another economy upturn. Just think about the potential market -- moving most of the desk top applications onto the smart phone and re-invent your living room by integrating your TV, home studio, video game, social network, internet, etc. into one smart system.



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