Replies to post #75571 on Apple Inc (AAPL)

[KCMW]

NAND prices, careful...

I wonder just how much *recent* NAND price drops affect Apple? They are a huge buyer, they are probably buying on a set contract price that reflects their purchasing power. Lower prices can help them on the next round of negotiations, but might not do anything for them this quarter.

No way to really tell w/o access to the specifics of their contract. It could even have some built in adjustments for changes in spot prices. I'm just saying that maybe those chickens should not be counted yet.

Gee, those 195 calls I sold seemed sooo far out of the money at the time! I keep doing that - bitter-sweet - I sure won't complain about the stock rising ;)

-KCMW

[Tex]

re margin

Between the lower NAND parts cost and the apparent lack of the projected dip in Mac sales, I'm optimistic for the quarter. Selling out of iPhones in France doesn't hurt, either, but I don't know how much iPhone will or can contribute to Apple's bottom line in the holiday quarter and I'm not inclined to guess at it.

The question is, will something happen that's so bad that Apple's performance won't matter to its stock price? The haircut my whole portfolio took on this rate cut's small size gives me the impression the market is being led by fearful people, and that's a scary place to be in the short run.

Take care,
--Tex.