Aaron Brazell

Hints at an $800 Apple laptop, Bloggers Report, Stock up 4 points

Tell your friends!

It was quite interesting to watch the market swing yesterday. Apple (AAPL) took a 20% hit on the market last week when it was expected that consumer spending on “bling” would be reduced. “Bling” stocks like Apple, Starbucks (SBUX) and other companies representing consumers “living the life” mentalities tanked with futures projections.

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And then yesterday came. Duncan Riley had an exclusive reporting the imminent release of an $800 laptop from Apple, the first sub-$1000 machine ever in the line of Apple products. From there, well read blogs like VentureBeat, MacRumors and Gizmodo – to name just a few – ran with the story.

Later in the day, Engadget reported an October 14th event where Apple would announce their new laptop line. Former Engadget editor, Ryan Block, 9 to 5 Mac and Digital Daily – again, to only name a few – ran with the story.

The result was fascinating. The DJIA is currently down over 300 points indicating yet another bloodbath on Wall Street. However, Apple stock is through the roof, up almost 5 points at this moment.

I am in no way suggesting people should go about trying to manipulate the market by creating stories or otherwise fabricating false positive pressure on the market. That is a crime. However, it’s important for blogger to recognize their ability to affect the market for the positive or negative.

And the pressure remains on the top-tier bloggers to use that power wisely and recognize that their words matter. If ever there was a “responsibility” at the feet of these bloggers, it is now.

  • http://www.technokoz.com/blog Robert Kosednar

    To the point. We have seen a similar affect in the bling. Use to have 1,600 visitors a day, now receiving 800/ day
    For people searching for iPhone – exchange activesyc help. At the TechnoKOZ blog
    http://www.technokoz.com/blog

    • http://technosailor.com Aaron Brazell

      That may or may not have anything to do with consumer confidence. It could
      be that there’s more info available regarding activesync help for the
      iPhone. It could be that fewer people are interested in buying iPhones
      because of the negative press. It could be because of negative press
      surrounding Apple development for the iPhone. It could be that consumers
      realize they can get most of the same functionality on an iPod Touch.

      Or it could be in the economy.

  • http://www.technokoz.com/blog Robert Kosednar

    To the point. We have seen a similar affect in the bling. Use to have 1,600 visitors a day, now receiving 800/ dayFor people searching for iPhone – exchange activesyc help. At the TechnoKOZ bloghttp://www.technokoz.com/blog

  • http://technosailor.com Aaron Brazell

    That may or may not have anything to do with consumer confidence. It couldbe that there's more info available regarding activesync help for theiPhone. It could be that fewer people are interested in buying iPhonesbecause of the negative press. It could be because of negative presssurrounding Apple development for the iPhone. It could be that consumersrealize they can get most of the same functionality on an iPod Touch.Or it could be in the economy.

  • Vinnie

    “the first sub-$1000 machine ever in the line of Apple products”

    1. Mac mini starts at $599 and has retailed for as low as $499 in the past.
    2. The iBook had a $999 version for a while.
    3. The iMac had a $899 version for a while with a 17″ screen and integrated graphics.

    • http://technosailor.com Aaron Brazell

      I meant laptop. I don’t count the iBook… $999 is the same as $1000 in my
      opinion.

  • Vinnie

    “the first sub-$1000 machine ever in the line of Apple products”1. Mac mini starts at $599 and has retailed for as low as $499 in the past.2. The iBook had a $999 version for a while.3. The iMac had a $899 version for a while with a 17″ screen and integrated graphics.

  • http://technosailor.com Aaron Brazell

    I meant laptop. I don't count the iBook… $999 is the same as $1000 in myopinion.

  • http://blabrmouth.com Robert Barr

    No matter what the economy is doing, a sub $1000 Apple will be HUGE this Xmas!

  • http://blabrmouth.com Robert Barr

    No matter what the economy is doing, a sub $1000 Apple will be HUGE this Xmas!