Hardware
Fifth: design hubris. The iPhone is entering its third year -- end of life for hot gadgets. The iPod is is sliding into sales declines. Mac sales stopped growing and lost marketshare last quarter. So clearly Apple needs a new device. As Munster notes, the company wants to "fill the gap between the iPod touch and the MacBook." Apple will no doubt fill that gap with a beautifully designed tablet. The problem is that consumers helped create that gap, and they aren't necessarily looking for something to fill it.
"That," says Munster, "is the wild card."TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
|
|---|---|---|---|---|
| 12,454.83 | 1,317.82 | 2,837.53 | 17.45 |
Oil *
107.12
|
|
DOWN
74.92 |
DOWN
2.86 |
DOWN
1.85 |
DOWN
0.14 |
10 Yr
1.74%
SPDR Gold
152.68
|
|
-0.60%
|
-0.22%
|
-0.07%
|
-0.80%
|
Data delayed 20 minutes |
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