APPLE IPHONE AND THE IRRATIONAL MARKET

Files under General | Jun 22nd

iphone3g-review1-1

Forbes reports with the same irrational logic of the market!

Apple’s ( AAPL – news – people ) new iPhone 3G S is selling like hotcakes. Since Friday, consumers snapped up over a million units of the new model, which are being sold in the U.S. and seven other countries.

Shares were down over 1%.

We need better financial journalism, that’s for sure.



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