kharkovyy [dot] com

In recent days (weeks) I have been rather disappointed with weak tech stock market, particularly the Apple Inc. stock (AAPL). Over the last few days it seems as thought any gains that it might incur throughout the day would drop off by the closing bell. Obviously these stock market fluctuations are normal and most of the Nasdaq’s red ink is to be blamed on factors other than actual companies individual performance. However this morning, I have hope for brighter days ahead, and in this post I hope to define a few reasons.

First, The Macworld conference that starts in San Francisco next week is typically Apple’s annual showcase for its slick new computers. In his keynote speech, Apple CEO Steve Jobs usually races through his presentation, jamming in an abundance of new product demonstrations, leaving just enough time for some celebrity musician like guitarist John Mayer to perform.

It’s curious and telling, then, that Apple chose yesterday to announce two new high end computers the week before Jobs takes the stage. The computers — new, more powerful versions of its Xserve rack server and Mac Pro systems — are Apple’s big iron, the business machines in a heavily consumer-oriented product line.

By announcing the systems yesterday, it’s a strong hint Apple has more than the usual amount of news to cram into Jobs’s Macworld speech next week.

Second, Today the EU closed the antitrust case against Apple and several other major label companies. The EU have been investigating into alleged unfair pricing of the music and seems as thought they did not come up with enough evidence to actually take this thing to court.

Thirdly, although skeptical, I tend to trust people that do the research. And according to my data from all sorts of reputable sources Apple still has ways to go.

So, this (and not the Baleys in my coffee,) is whats going to keep me relatively happy this morning.

This post is tagged