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Wall Street embraces the 3G iPhone

Industry analysts believe Apple’s introduction of the 3G iPhone at the lower price point will finally and officially make Apple a player in the mainstream mobile phone market. However, they do warn that this may come at a price – the cannibalization of Apple’s iPod sales. Despite this possible loss, analysts also go on to more »

AAPL tumbles, loses $16 in one day.

Even after Apple announced their most successful quarter ever on Tuesday, apparently shareholders can’t keep Apple stock unless their iPod sales continue to go up. Despite Apple reporting record breaking Christmas sales, it seems all the stock market heard was that there was little growth in iPod sales. Could this possibly be because everyone and their dog owns an iPod nowadays, and demand isn’t that high? Egad!