Apple Inc (AAPL)

[ljk]

Merrill was wrong and they won't forgive Apple. Where do you think Merrill got the idea there'd be iMacs announced at WWDC? From Apple, of course! Apple misled them, and not only that, screwed up beyond any imaginings. Who could predict a foul-up of this magnitude?

Everyone who has touted Apple in the past months feels betrayed now. The analysts are going to downgrade AAPL like crazy, though maybe not till they sell.

I don't think Merrill upgraded AAPL recently selling at the same time. I think they upgraded target to 39 intending to sell maybe at 37, but they weren't selling yet. Most people were caught off-guard by this announcement because no one could have anticipated a screw up of this size.

AAPL will be paying for this for a long time. SJ is the villian here. He was taunting Microsoft while he knew that the iMac problem was serious and had no solution. He has lost credibility by this.

I'm caught long and I'm angry, not at Merrill, who based their predictions on what Apple told them, but at Apple. Apple is totally at fault for this.

Linda