As anticipated Steve Jobs has done it again. This time he has made the iPod obsolete. When Apple released the iPhone 3 months ago, stores were mobbed! That hype has paved the way for the new iPod Touch. Apple currently sells almost 10 million iPods (in its numerous variations) every quarter. With the Holidays around the corner, expect those numbers to surge again. The P/E ratio of Apple makes it an attractive long term investment and very stable. There will always be a certain amount of volatility, but if you are looking for a "safe" gamble, bet on Apple.
There are a number of sites that will offer much more technical information as well as ipod Touch diagrams. You may want to check out some of the iPods upgrades so you can become with that your kids will wants for Christmas.
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Is now a good time to buy Apple? The stock prices continues to fall; is this a"buy low - sell high" situation or wait a little longer.
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