Apple's Stock Has a Fantastic Week

While a majority of analysts are predicting Apple will well outperform their second quarter projections, one analyst has predicted that they will miss these estimates, and has changed his rating on the company's stock to a Sell, informing his clients that he believes that softening consumer spending will have an adverse effect on Apple's stock, as well as other companies in the electronics and technologies industries. Yeah....tell that to Intel and Google, why don't you. I personally will enjoy watching Apple stock crest over $200 a share sometime this summer (not just because I kept buying it as it fell lower and lower, eventually to $119 a share a month or two ago), but because this particular short-sided analyst (I won't name names, but you can easily look him up) will have cost his clients boat loads. Too bad for him.