AAPL reacts to iBook news

Give me a break, Apple stock did not go up just because some no-name analyst said there is a possibility that Apple may release iBooks as soon as April. There is a possibility that Apple may release iBooks at anytime. Anybody paying attention to Apple knows that. People knew that when the stock took a 17 percent hit in the last week.

Analyists always find some piece of news, good or bad, to justify how the stock performed that day. If Apple stock went down, somebody else would have cited the other analyist who lowered Apple's estimate today.

The joke is on anybody who actually listens to these people.

This time I agree. "New ibooks" is a useless prediction. But somebody must listen to them, and they must be good for something, otherwise why would there be such a thing as an "Analyst"?

more likely 'MacBook', 'MacBook Standard', 'MacBook Solo', 'MacBook *your guess here*'

I hate analysts; but of all of them UBS has always been hands down correct about Apple. They actually get into the company like we do to really understand what's going on.

Apple is definately a strong strong strong BUY.

The link in the story, "iBook laptops in late winter" doesn't seem to have a link. Is it supposed to?

Try MacBook Mini. Go to www.macbookmini.com and look where it takes you. Coincidence? I think not.

www.macbookmini.com isn't registered to Apple, but idownload.com. It's as likely a product name as macbooknano though.

Isn't the traditional date for the next 'new' thing the start of April? It seems unlikely they would launch something in late winter (early March) and then start of April. On the other hand, I guess they have a lot of launches to get through this year.

Personally I can't get excited by the Intel Yonah machines - and the real next gen Intel chips (the reason for the move) still aren't due until mid-2006.

Analysts interest is making their company money. While they are telling you to sell, they turn around and are buying your shares cheaper. No new information has been provided that would make Apple's stock go up, or down, for that matter.