A stock I pitched to the Cornell Investment Management club came out with better than expected results. Apple seems to be defying the recession-- as I had predicted-- although not so much through the iphone sales but through the ipod sales. But my thesis was still correct. The new ipods, with their ability to surf the internet and download apps are like cheap netbooks.
Apple remains on my conviction buy list, despite Steves ill health. I feel that great design is-- after 10 years of Steve being at the helm-- imbedded into Apple' genes.
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