Apple Releases New Ipods and Itunes 8. Hows AAPL holding Up?

Apple Releases New Ipods and Itunes 8. Hows AAPL Stock holding Up?

Sep 9, 2008 Stock Market News

Apple announced today the release of there new line of ipods today with several new updates to the Models. The new Nano is the thinest ipod to date and they switched back to the longer rectangle shape instead of the latest small square shape which i thought was pretty cool for the Nano in my opinion. And prices are fairly reasonable for the new Nanos as well with the new 8gb for just $150. I still have my 1gb nano that i paid $200 for when apple first released the slim nano model a few years ago haha. Funny how much changes in a few years with technology and prices…. Also another new feature with Itunes 8 is a really cool feature that actually was already featured in the napster software that i just ended my year long sub for cuz i had it for free But Apple calls it genius, click the buttom and it will create a playlist of all similar songs and artists on your ipod and in itunes. This was a great feature for me when listening to music on my napster desktop software. Just find one song you like, click the mix button and it would stream a lot of cool songs for as long as you wanted. Of course napster sucks because you can’t put the songs on your ipod…..

But how about AAPL’s stock? It tanked today around 4% on the news yet you can’t really blame the news when the DOW stumbles 280 points basically taking all of Mondays FRE and FNM bailout recovery gains… This market is so retarded…. But anyways Looking at AAPL stock chart price is sitting right on heavy support in the $150/share area so this could be a promising support area to play a short term bounce in this stock. Of course keep your stops tight and wait for signs of stability/reversal.

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Tags: aapl, FNM, FRE, stock market



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	Down from $150!	Down from $550!

` This entry was posted on Tuesday, September 9th, 2008 at 9:55 pm and is filed under Stock Market News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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2009-10-13 22:04:48
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Apple Releases New Ipods and Itunes 8. Hows AAPL Stock holding Up?

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