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Print 22 comment(s) - last by Alexstarfire.. on Jun 9 at 11:26 AM


The hot questions of the day in the tech industry are whether Steve Jobs will show up at Apple's WWDC 2009 keynote address this afternoon, and what hardware he might pull out if he does.
The pressure is on for Apple

Apple currently enjoys a reputation as one of the most powerful tech companies around and commands lofty stock prices.  With Apple's Worldwide Developers Conference keynote 2009 set to air in just a couple hours at 1 PM E.S.T. (10 AM P.S.T.), all eyes are on Apple to deliver two critical nods to shareholders. 

The first is a surprise appearance by Apple co-founder and CEO Steve Jobs.  News analysts are mixed on whether Mr. Jobs will show -- after all, he isn't scheduled to be back from medical leave until the end of June.  However, an appearance by Mr. Jobs, 54, could help boost share prices and excite the company's fans according to Reuters

Some analysts, such as Global Equities Research senior analyst Trip Chowdhry, have gone as far as to say that if Mr. Jobs shows, share prices will rise, if not they may drop considerably.  Mr. Chowdhry predicts a no-show by Mr. Jobs would lead to a 10 percent drop in share prices.

Broadpoint AmTech analyst Brian Marshall explains the magic of a Steve Jobs appearance, stating, "It's not just about Steve Jobs.  (But) if he made a cameo appearance on Monday and the wind didn't blow right through him, the stock would go up."

Others believe that Apple's Chief Operating Officer Tim Cook is well positioned to eventually succeed Mr. Jobs at CEO and is perfectly capable of running the company.  These analysts argue in the long run Mr. Jobs’ health problems will not negatively impact Apple's fortunes.

However, perhaps even more pressing than his appearance is the need for Apple to deliver on the promise of next generation iPhone hardware.  It would be a shock to not see Apple announce a new iPhone at WWDC 2009, like it has for the last two years.  A new iPhone though could attract more customers, strengthening share prices to new lofty heights and advancing iPhone's campaign in the smart phone industry.

If it fails to deliver new hardware, though, it may be in serious trouble, with a hungry Palm Pre eager to try to steal market share from the iPhone and RIM's Blackberries.  Early demand for the Pre seems relatively strong, and early reviews have been somewhat mixed, but generally favorable.



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IPhone v3
By Chaser on 6/8/2009 12:29:15 PM , Rating: 2
I'm anxious to see the details of this phone. Rumors have OLED, potentially faster 3G speeds, faster processor, more system memory and a slightly redone exterior. We shall see.





RE: IPhone v3
By the goat on 6/8/2009 12:46:08 PM , Rating: 5
quote:
I'm anxious to see the details of this phone. Rumors have OLED, potentially faster 3G speeds, faster processor, more system memory and a slightly redone exterior. We shall see.

It also ends world hunger, cures AIDS and raises the Dow Jones average 10,000 points.


RE: IPhone v3
By Chaser on 6/8/2009 12:57:40 PM , Rating: 2
Yet people can breed without one.


RE: IPhone v3
By Moishe on 6/8/2009 1:06:40 PM , Rating: 5
Ohh... but can they? ;P


RE: IPhone v3
By TedStriker on 6/8/2009 2:59:24 PM , Rating: 5
There's an app for that.


RE: IPhone v3
By Moishe on 6/8/2009 4:33:50 PM , Rating: 3
What would you call that? iProcreate?

People need the ultimate source of life. All religions have a god, the 'i' is the god of the applites. I'm fairly certain they need it to breed.


RE: IPhone v3
By Bender 123 on 6/8/09, Rating: 0
RE: IPhone v3
By mofo3k on 6/8/2009 1:29:30 PM , Rating: 5
I'm actually more interested in hearing if they're changing the iPhone data plan. I still cannot believe that they give you "unlimited data" and still charge you for texting. I mean c'mon, isn't texting just small bits of data? /rant


RE: IPhone v3
By crleap on 6/8/2009 2:25:46 PM , Rating: 2
I'd be happy with 3G at all. Oh, wait, I'd also settle for more than the smallest bar of 2G and no constant "searching for signal" messages. I live in a city of 50k, not huge, but for christ sake... the only thing wrong with the iPhone is AT&T, and it's a BIG thing wrong.


stock price? please.
By ascian5 on 6/8/2009 12:29:55 PM , Rating: 2
I get that Steve Jobs is allegedly a large part of Apple's success. OK, fine. But am I the only one who sees a problem with his giving a presentation or not affecting the company's stock and potential bottom line? What a crazy f*cked up world we live in.




RE: stock price? please.
By weskurtz0081 on 6/8/2009 12:39:09 PM , Rating: 2
People have been buying and selling Apples stock for quite some time now based on his health, this is nothing new.

The point of him giving or not giving the presentation would show that he may be stepping back, and that creates anxiety among people that follow the company in the market, keep in mind I am not endorsing the behavior, only explaining it.

It is believed that, if Jobs steps down, the company will no longer enjoy the success it has been since he has returned. Remember, the company wasn't doing so well until they brought him back on board.


RE: stock price? please.
By Moishe on 6/8/2009 1:05:48 PM , Rating: 2
The funny thing is that Apple can really screw itself by having the company be dependent solely on Jobs. What happens when he dies?

Stock prices will go down and then the board of directors will decide to cover up the death and bring in a clone or robot in a Jobs suit.

He is good at what he does, but at the same time, he's just a guy.


RE: stock price? please.
By crleap on 6/8/2009 2:24:45 PM , Rating: 2
No worse than gas prices jumping 30% when the wind changes direction and blows the sand funny over there.


idiots
By zaxxon on 6/8/09, Rating: 0
RE: idiots
By retepallen on 6/8/2009 12:26:54 PM , Rating: 5
They are just trying to create a scare in order that the share price drops and short sellers can make some money.

Its all about the cash.


RE: idiots
By Moishe on 6/8/2009 4:30:14 PM , Rating: 2
If I were Jobs and I owned stock, I'd consider "stopping by" just for the PR and stock increase benefit.

Very rarely does any CEO or president have such direct control over their own company's stock price.


Why was this article made?
By Alexstarfire on 6/8/2009 12:59:15 PM , Rating: 2
Again, Jason Mick's article has just about NOTHING to do with the title. I understand the situation Apple/Jobs is in, but for the love of God this article has nothing to do with the new iPhone at all.




RE: Why was this article made?
By mofo3k on 6/8/2009 1:22:30 PM , Rating: 2
Umm, WWDC just started like minutes ago and the article coincides with that conference. The last 2 paragraphs of the article are about iPhone V3 speculation. I actually don't see the point in your response to the article.


By Alexstarfire on 6/9/2009 11:26:31 AM , Rating: 2
Other than mention that a new iPhone is coming, it says nothing really. The first post, well first post ATM anyway, has speculation about what changes this new iPhone may have and falls more in line with the title of the article than the article itself does.


By inperfectdarkness on 6/8/2009 4:41:06 PM , Rating: 3
the remarkable similarity between Steve Jobs' Apple disciples

and

Kim Jong Il's personality cult?




Verizon
By TheNuts on 6/8/2009 2:05:34 PM , Rating: 2
Coming to Verizon? :P




Steve jobs phone home?
By Zensen on 6/9/2009 5:49:54 AM , Rating: 2
overrated phone much?

a company that relies on a public appearance of steve jobs... one that needs an appearance to boost "lofty new heights" share prices.

apple can survive without steve jobs but I can survive without another hyped up conference.




"We don't know how to make a $500 computer that's not a piece of junk." -- Apple CEO Steve Jobs














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