The Co has come through. A software patch will fix "some" security holes" in the iPhone. This is not a end-all solution, but it's a start, and it comes in time for doubters and bears to back off Apple's stock for the time being. As a first-generation product, no one in his or her right mind should assume perfection. But for me, this patch in the midst of the week of Black Hat hackers get-together will silence the yakking. At least a little. The whole rumor problem of yesterday regarding iPod/iPhone production has abated, but not before the stock spiraled down to a low of $131. Today, AAPL is back up to $135.
As dastardly and evil as the rumor was, it gave me and a whole lot of Apple devotees a chance to pick up cheap shares. I'm done complaining about the conspiracy. Time to ride back up on Apple.
Pupule Paul is long AAPL.
No comments:
Post a Comment