* Posts by Mitch Gurowitz

1 post • joined 31 Jul 2007

Apple takes flak as AT&T drops iPhone bomb

Mitch Gurowitz

Analysts are idiots

They often look like they know what their doing only because the market moves based on their nonsensical predictions. It makes for a self-fulfilled prophesy.

I will retain my Apple stock and for that matter I bought another iPhone for my wife last night. The product speaks for itself and that number will show the true value in Apple's next quarterly profit reporting.

Even if the numbers are lower than expected, what other smartphone did these kinds of numbers upon the first 30 hours of launch?

The product isn't just a phone, it is a great iPod and one of the best portible video devices of it's size. The quality of the product beat my expectations, and when all the dust is settled, it will be a major vig for Apple.

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