Questions To Ponder:
Will The Apple Ipad Boost Apple To 265?
Kenneth J. Dickson
The Apple Ipad Has Finally Been Released
Yair Reiner, Apple analyst for Oppenheimer & Co. has a target for the stock at 265. This target is not based on the release on only the iPad but the company as a whole. It will be interesting to see if this new product drives the Apple stock to this price and how long it actuallytakes.
For many years now, apple has proven to have successful business plan. Over the years it has simply gotten better. But...
What Do You Think?
I'll talk a little bit about why this product will be good for Apple and how it is already helping drive the stock price up (by two points per trading session!).
Apple Needs Strong, Continuous Sales
First day out...
300,000 sold... good so far.
Yes this is a large number. But according to Yair, it will not be a success till 1,000,000 sales are reached. This is incredibly possible, based on Apple's track record over the last decade.
The key here is to create a product that will not be another iPod. It is to create a long term unique product that will have spinoffs, just like most of Apple's other products.
The keyword here is "unique".
Will this product become another great like the iPod or the iPhone (which now provide for more than fifty percent of Apple's sales) or will it's popularity fade?
Yair said it best, "if you make a device where form meets function, you have a brand new category".
Downsides To The iPad
Now, its always best to take into account the downsides of any product. There are a few for the Apple iPad.
First off, it doesn't support flash. This is the software that many videos use when they are viewed online, including videos on Hulu. Apple is hoping that this will change and users will start uploading videos with another plug-in. However, it doesn't look good since Firefox is sticking with flash.
Another complaint that doesn't help the case is the fact that there isno place to stick a flash drive in the iPad. And as most laptop users agree, this is a must.
What Is The Goal Of The Apple Ipad?
Well, according to Steve Job's, it is to convince people that it is betterthan a standard laptop.
So, it is like a slow laptop (1 GHZ) in many ways. As you can tell, it is not quite a laptop though. It does have some special qualities that most laptops don't have (eBook reader) but its not quite a large iPhone either (no phone calls), as you can see in this spoof:
So, what is it exactly?
Many people are asking the same question. And for the most part, they haven't figured it out yet.
What Do You Think?
Will this product catch on in a way that no other product has?
Will it be a gaming machine, a internet browser, or an iPad? Or maybe something completely different.
You be the judge, is this product good enough to boost the apple stock all the way to the projected 265? And why?
Return From Questions To Ponder:
Will The Apple Ipad Boost Apple To 265? To Successful Stock Trading Home