200 Million Dollars in Profit for Apples iPhone (1st week)

If you took the survey on my site, asking if the iPhone would succeed or fail… and you said fail… you’re very wrong so far. I’m personally surprised how well AAPL (Apple Computers) is doing with the iPhone… and i own one!! I didn’t think their margins were as strong as they evidentally are. I mean $600 isn’t chump change (not for this chump) but you get a decent chunk of technology for that price… lacking only in the hard-drive space aspect.

1 week after the hyped release… and way too many circulating iPhone commercials… AAPL stock rises for good reason as Steve Jobs pushes Apple to edge yet again with a product that is expected to go into the history books as one of the fastest selling consumer electronics products ever.

$200,000.00+ that’s just insane! >> source >> techcrunch

I know my brother is happy he didn’t listen to all my cuatious but neutral opinions (he’d say pessimisstic naysaying) about holding Apples stock during a risky but definitive moment in Apple’s history. I don’t see that stock coming down… UNLESS… people like me start having hardware problems. Let’s hope not!!!