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Unless you are a kangaroo, I don't think it will fit in your pocket, but Apple released its tablet PC today, pricing it at $499. Is it a giant iPhone, or is it a Kindle killer? Well, at least it will likely kill its price as there is little comparison between the devices.
“At that price, they’ll sell millions,” said Hakim Kriout, a portfolio manager at New York-based Grigsby & Associates, which owns Apple shares. “It’s very, very affordable for what it does. This is going to add a huge revenue stream for Apple.” " Bloomberg.
Plese see our other posts on Apple vs Google and on the tablet itself.
Whoever wins, here are Straddles for APPL and AMZN. With these an investor can profit with the stocks going either up or down.
Note: You may receive technical analysis and alerts of these stocks, sent automatically to you, by entering the symbols in the Technical Trend Analysis Tool, (powered by INO).
Please do your own due diligence. This is not advice. Options are very dangerous and may cause 100% loss.
Computed with StraddlesCalc Tool
Please do your own due diligence. This is not advice. Options are very dangerous and may cause 100% loss.
Computed with StraddlesCalc Tool
iPad: the iPhone for Kangaroos. Easily fits in your pocket.
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