April 3: Apple stock bounces on iPad expectations
Just the announcement of April 3 for US iPad deliveries caused a near-5% bounce in Apple's share price to an all-time. This is against a backdrop of sniping from naysayers who are still maintaining the device will not be a success. What, I wonder, will happen when the iPad proves to be the major success I believe it will be?
We also read research today that potential ereader buyers are planning to defect to the iPad in droves. I am convinced that once readers have tried a backlit screen they will drop e-ink as a viable alternative. As I have repeatedly mentioned, even the iPhone with its small screen provides a better reading experience than the likes of the Kindle and the Sony.
Blog posted here.