Wednesday, January 23, 2008

Nutsy Cuckoo

I got an interesting response during today's conference call to my question about the high end consumer's health as it relates to Apple's projected business results in 2008. Oppenheimer pointed out that revenue growth was 27% in US and 46% OUS last quarter.

So . . . any other consumer products companies with these results in the holiday quarter? Anybody? Bueller?

His point: Apple showed outstanding strength in the face of a challenging economic environment. Is it likely to continue?

Judy says the market reaction after hours was "nutsy cuckoo".

I agree. Time to go shopping.

1 comment:

James Cullen said...

So Gene... with AAPL at $131, do I get to be a Piper Cub now?