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Absurd Theory

This is a silly post. This "rumor" is bad speculation from an unnamed source in a Jobs' hit-piece. This is not an example of Jobs milking press favorable to his controlled message. As the Fake Steve writes, Apple will benefit more from anti iPhone press leading up to and through the release of the iPhone. A minor (as in extremely minor ) decline of the stock is a good thing. (The stock has soared from ~85 to ~124 in the 6-7 months since the iPhone was announced -- oh no, it declined from almost 126 to 121 and bounced back to 125! How will they cope with the .4% decline today!!) Considering Apple has more cash (12.6 Bill v. 11.9 Bill) and is close in value (106.5 Bill v. 160.7 Bill) to Google and will resist all buyouts (have done so for 30 freakin' years!), the only reason to buy this theory is you hope you can pass off a poorly conceived post that will draw some Apple hits. No one else believes this rumor is pumping up Apple's stock value. Anyone who is making investments should know that Apple's valuation should be tempered by deferred revenues from aTV and iPhone, that it will continue to explode but will receive a few knocks leading up to and after the iPhone launch because it is the hottest story and the hottest stock. That is all.

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