Your stuff is worth more after the closing bell on Friday than it was the Friday before. On that basis, this was a good week. As the week bumped along it wasn't very exciting but in the end my stuff was up about 1%. I'll take it.
The big news today was Apple's (AAPL) launch of iPad2 at 5:00 PM 'Peg time. The local news showed the crowds at the Apple store. Some had been there since 6:00 AM. No other company hypes a product, in advance of the launch, like Apple. The big story next week will be all about how many million units they sold this weekend.
As a proud Canadian I have to feel sorry for Research in Motion (RIM). RIM introduced their first touch screen smart phone sixteen months after Apple came out with the iPhone. Then, as though to lay permanent claim to this lag time, they revealed plans to bring out the PlayBook sixteen months after Apple launched the iPad. Then they said the PlayBook wouldn't be out for another four or five months. Jeez! In the meantime Apple brings out iPad2 before RIM sells the first PlayBook which is now slated for launch on April 19. I wonder how many millions of iPad2s Apple will have sold by then.
As I said a couple of weeks ago, I love my new Blackberry Style but I don't see RIM catching up to Apple in either the consumer smart phone field or the tablet computer market. They're just too far behind. As much as I missed some upside by bailing on my RIM shares last fall, I'm still way ahead with the trades I've made since then.
The big news today was Apple's (AAPL) launch of iPad2 at 5:00 PM 'Peg time. The local news showed the crowds at the Apple store. Some had been there since 6:00 AM. No other company hypes a product, in advance of the launch, like Apple. The big story next week will be all about how many million units they sold this weekend.
As a proud Canadian I have to feel sorry for Research in Motion (RIM). RIM introduced their first touch screen smart phone sixteen months after Apple came out with the iPhone. Then, as though to lay permanent claim to this lag time, they revealed plans to bring out the PlayBook sixteen months after Apple launched the iPad. Then they said the PlayBook wouldn't be out for another four or five months. Jeez! In the meantime Apple brings out iPad2 before RIM sells the first PlayBook which is now slated for launch on April 19. I wonder how many millions of iPad2s Apple will have sold by then.
As I said a couple of weeks ago, I love my new Blackberry Style but I don't see RIM catching up to Apple in either the consumer smart phone field or the tablet computer market. They're just too far behind. As much as I missed some upside by bailing on my RIM shares last fall, I'm still way ahead with the trades I've made since then.
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