Why Does Anyone Think the Recession is Bad for Apple? (- InftekHosting.Com - Hosted Kerio Email)

Why Does Anyone Think the Recession is Bad for Apple?

The big tech news of the last few days is that Hewlett-Packard’s 2008 earnings are better than analyst estimates — and this most recent quarter should be their strongest. It was a major bright spot from one of the world’s largest companies, showing that the current credit crisis doesn’t actually mean that the entire economy [...]

The big tech news of the last few days is that Hewlett-Packard’s 2008 earnings are better than analyst estimates — and this most recent quarter should be their strongest. It was a major bright spot from one of the world’s largest companies, showing that the current credit crisis doesn’t actually mean that the entire economy has shut down. Specifically, the tech sector might be in less trouble than everyone else.

And it made me wonder, yet again, why exactly stock analysts continue to assume that Apple can’t continue to grow and innovate in the coming years. After all, if one organization knows something about hitting the gas during a down time to get light years ahead of the competition, it is Apple. The stock chart I’ve reproduced above from Google shows the performance of AAPL since the introduction of the iPod in the depths of the post-9/11 and -Enron recession. Even with the recent precipitous drop in AAPL (it’s down almost 60 percent since January), the stock is worth about eight times what it was before the iPod (when you factor in the stock split in 2005).

The iPhone is burning up the charts. Apple has its strongest line-up of laptops in the history of the company and is gobbling up market share. The iPod touch and new nano has cemented Apple’s lead in the media player market. When people aren’t buying cars and houses, they still find time for personal entertainment — it’s a comfort when everything else is crazy. With Apple’s current technology and product pipeline, I believe that Steve has the organization poised to thrive once again. They’re going to maintain their position, continue growth, and get out ahead in creating new markets while their competitors are battening down the hatches and sticking to doing what they already know.

What Apple has to offer isn’t going away because credit is scarce. If anything, it may grow even more appealing.

iBreviary: Prayers for iPhone, iPod Touch

Italian priest Father Paolo Padrini came up with the idea of a free prayer app for iPhone and iPod Touch users. This virtual breviary, or book of hours, gives the morning prayer, evening prayer and night prayer or complines for the day. Right now, it’s available only in Italian but Spanish and English versions are [...]

Italian priest Father Paolo Padrini came up with the idea of a free prayer app for iPhone and iPod Touch users. This virtual breviary, or book of hours, gives the morning prayer, evening prayer and night prayer or complines for the day.

Right now, it’s available only in Italian but Spanish and English versions are on the way.

It certainly looks less clunky than the iRosary.

Via American Magazine

Cool iPhone Icon Coaster Set for the Holidays

“Meninos is a creative team with experience from a wide range of clients, specialized in illustration, graphics and motion design,” according to the website copy. the iPhone icon coaster set pictured above is but one of many whimsical designs available on what appears to be a website based in Brazil. “We start making this products for [...]

“Meninos is a creative team with experience from a wide range of clients, specialized in illustration, graphics and motion design,” according to the website copy. the iPhone icon coaster set pictured above is but one of many whimsical designs available on what appears to be a website based in Brazil.

“We start making this products for personal use, then for friends and now we sell for friends of friends,” they say. All products are designed and created (hand made) by the artists and designers at Meninos studio, where they like to make things simple and different.