Riding Apple's Coattails
This is the week that investors have been waiting for. No, not the details of QE3 that pundits believe will be forthcoming, and certainly nothing as trivial as Mario Draghi's latest policies to save the euro.
This is the week that Apple (AAPL) announces the launch of the iPhone 5. Consumers and investors will be hanging on every detail from Apple on one of its juggernaut products. Some analysts are already calling for some 250 million of these devices to be sold over the product's lifetime, putting some $50 billion of profit in Apple's coffers. The launch will also affect the whole ecosystem of Apple's suppliers, as well as businesses capitalizing on mobile platforms (for instance, social gaming), as the transition from a PC-centric model to one centered on mobility accelerates....332 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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