Sell Garmin

August 10, 2007

Sold Garmin at 100.21 per share for an 83% basic gain. Wish I would have done the same with Apple a couple of weeks ago.

iPhone rumors not true..

August 3, 2007

Apple iPhone Suppliers See No Order Cuts:

Apple’s Taiwanese suppliers say there have been no order cuts related to the iPhone

The stock however is still very much down form it’s 52 week high of $150/share.

Yesterday, there was a rumor that Apple has cut back on iPhone productions and the stock took a plunge.

Scott Moritz offers the latest news on Apple’s iPhone plans (here’s a recap). According to the video, the rumors might be right that production is cut but that might be to give way to new models of the iPhone.

Apple stocks are often very active and the company is always surrounded with rumors. Every year around October, or near Halloween time, new products are released. This year that might be an iPhone that’s in the $300 range. Obviously as previously announced the new OS will be available to the public and possibly new models of MacBook or MacBook Pros.

Apple Stock Zooms Higher:

shares soared toward an all-time high Thursday after the company’s latest earnings blowout.

The stock was up more than 8% to $148.50 after briefly toppling the $150 level in extended trading Wednesday evening.

Mac sales are up:

Revenue rose 24% to $5.41 billion, on a 36% jump in Mac sales.

Apple Falls

July 25, 2007

Apple falls on initial iPhone activation numbers:

Shares of Apple Inc (AAPL.O: Quote, Profile, Research) fell 4 percent on Tuesday after AT&T Inc (T.N: Quote, Profile, Research) issued initial subscriber numbers for customers of Apple’s iPhone that were below analyst estimates.

Apple Climbs

July 20, 2007

Ahead of the Bell: Apple Climbs:

Shares of Apple Inc. rose in Friday premarket trading, after a Piper Jaffray analyst said he expected the company to sell 45 million iPhones in fiscal 2009.

Is the iPhone a big hit? I think so.