Home > Technobuddy > Archives > 2007 > July > 04
Wednesday, July 4, 2007
Get rich - or poor - quick by betting on iPhone
The Atlanta Journal-Constitution
Do you think the iPhone will continue to be the rock star of technonology? Will sales keep on skyrocketing?
If that’s how you feel, you can join the investors who are buying up stock in the companies - some of them far from high rollers now - who make the components for the iPhone. Apple has kept quiet about most of the iPhone component suppliers but techies quickly began taking the phones apart to see who made what - down to the smallest component.
And as the list of suppliers became public, investors who believe in the phone began buying stock in these suppliers - pushing stock prices higher for the companies in some instances.
Here’s a story that gets down to the guts of the iPhone and names names of suppliers - ranging from giants like Intel to little-known companies such as Skyworks Solutions.
My disclaimer: None of this is a recommendation for or against the purchase of stock in any company. My track record - as far as a stock picker - has kept the red ink suppliers in the black.
Permalink | Comments (1) | Post your comment | Categories: Apple News
