Sunday, June 22, 2014

Apple iWatch

This is how people felt when the white ear phones arrived with ipod. It then changed the trend to make the white ipod to be the coolest. Will have to wait and watch how this transforms the industry, if it does, it may be the next fashion statement.


http://seekingalpha.com/article/2280673-an-iwatch-cannot-move-the-needle-much?uprof=44&dr=1


IF stability is what you are looking for, then this may be one in your portfolio. But if you are looking for a swing trade then this does not make much sense. The stock has been here between 35-36 since March this year. 
I am neutral at this price.
As regards to the stocks, it needs apple TV or something bigger in the cable space to move it big bounds..

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These are personal views for discussion purpose only, so do read full disclosure at my website - http://bit.ly/1lfbJ9I