Wednesday, September 10, 2008

Apple looks to holidays in iPod Touch price cut - The Boston Globe

I'm still waiting for a slate/tablet-sized iPhone or iPod Touch...

A sleeker version of the 8-gigabyte iPod Touch will sell for $229, compared with $299 before, Jobs said yesterday. The stock dropped 4 percent, the most in more than a month, after the changes failed to captivate some investors.

"There was nothing revolutionary," said Andrew Silverberg, vice president and portfolio manager for Alger Large Cap Growth Fund. "The news is what people were expecting. We have seen these kinds of sell-offs before after other Apple events." The fund held almost 70,000 Apple shares as of July.

Apple looks to holidays in iPod Touch price cut - The Boston Globe

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