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Everybody Breath: Steve Jobs Is Still Functioning And So Is Apple
By: Smart Profits Report   Tuesday, January 06, 2009 5:07 PM

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There was so much news about Steve Jobs’ health yesterday that I got slightly nauseous, and I’ll admit that I petulantly didn’t open up a single one of them. Why? Because it amazes me just how much weight is put on a single person. Nobody is as big as Steve Jobs in real life, not even Steve Jobs.

That fact shows in the slide Apple (Nasdaq: AAPL) shares took in the economic turmoil of 2008. Its 52-week range shows a massive difference between a low of $79.14 and a high of $192.24. Right as I type this, the stock is trading at $93.17, still nearly $100 off its semi-recent high.

And no, I’m not gloating despite my intense dislike of Appleites, though I am quite possibly whining… especially since the company is once again in the news… twice!

New Products And A New Status For The New Year

Despite Job’s lack of appearance at Macworld 2009, his people still unveiled the newest features in the Apple-sphere. For one thing, iTunes will no longer be offering unlimited 99-cent songs. Instead it will have a pricing scheme where some music goes for 69 cents, some for $1.29 and some remain at the old price.

And say hello to a new 17-inch MacBook Pro laptop with longer battery life. (Insert thundering applause, screams of ecstasy and the sound of people fainting from the sheer magnitude of this news.) At $2,799, this newest edition is sure to impress all of your Mac friends with its 4-gigabyte memory and 320-gigabyte hard drive.

There were also revisions to iLife, including improvements to iPhoto, GarageBand (now you can get “lessons” from Sting, Norah Jones and Sarach McLachlan) and iMovie.

Is it just me, or is anybody else sick of the letter “i” being tacked onto the beginning of everything? But I digress again…

Mac users can acquire all of these exciting new updates for iLife - there it is again! - revisions for the bargain price of $79.

There were other additions of course, but it would take too much space to write about in this tiny blog. Just know that Steve Jobs remains totally awesome. In fact, he’s so awesome that Apple stocks have been upgraded once again to an “outperform” status after it was downgraded on news - and no explanation - of Mr. Jobs not attending MacWorld.


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The above story is the opinion of the author only and it does not reflect iStockAnalyst opinion. Further, the author is not personally advising you regarding the suitability of the story for your investment needs. In no event iStockAnalyst will be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from or arising out of, or in connection with the use of this information. Please consult your investment advisor before making any investment decision.
  
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