Apple Inc (AAPL)

[lbotez]

AAPL's back in the high 19 range

It may take a couple of days for it to stabilize in the 20's...

I don' t have any real strong feelings about this quarter's earnings, but I'm guessing that they won't be stellar. The iTunes money is just a drop in the bucket. I gather they sold a ton of iPods, and some laptops, but the tower sales are pretty stagnant from my observations (plus who would want to buy one when these new hyperbolic G5's are coming out???).

Since we haven't heard any warnings, I'm guessing Apple made the quarter, but perhaps some people might be disallusioned because they always expect too much out of Apple.

So my guess is the stock will bob down a bit. 20 sounds real good to me, I was gonna sell orginally at 18.50....

However, Apple has a good chance to do really well next quarter so I want to be in for that.