Friday, June 29, 2007

The! Biggest! News! of! the! Day! - Not Research In Motion Earnings, Inflation Data or FOMC

Here are some of the contenders for today's biggest...news...of...the...day...

  • Stronger-than-expected earnings from Research In Motion (RIMM) that have the shares poised to gain 20% at the open...
  • A "comforting" data point on inflation as "Core consumer prices increased just 0.1% as expected in May"...
  • A recap of yesterday's FOMC announcement...
  • A move by executives of both Apple (AAPL) and AT&T (T) to defend "their decision to rely upon AT&T's slow Edge wireless data network, rather than a faster network that is less widely available"...
  • Earnings from Micron Technology (MU) that fell short of expectations...
  • The acquisition of Komag (KOMG) by Western Digita (WDC)...

While those are all stories worth watching, I think it is obviously clear that the biggest story is this...well...uh...who am I kidding - it is all about Apple and the iPhone...in honor of the pending launch, I thought it would be helpful to review a few videos that highlight all of the features of this world changing device...

In response to this, Steve Ballmer, CEO of Microsoft (MSFT), was quoted as saying...

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