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Investing

Apple iPad Introduction With No Stock Move

Photo of Douglas A. McIntyre
By Douglas A. McIntyre Published

The launch of Apple’s (NASDAQ: AAPL) iPad had no effect on its shares. . Some analysts expected the stock would move higher. The iPad will almost certainly have incredibly impressive sales. It is different enough from its predecessors to be attractive, particularly because it works on new 4G super fast broadband networks. It may be that investors believe that, even with a new iPad, Apple cannot continue to almost double revenue quarter after quarter. There are problems with patent and trademark disputes which have swirled around the industry for a year. No one can say with any certainly that Apple will not lose one of the court challenges it has against its competition or that its competition have against it. Apple may have to pay fees of IP that are not anticipated now.

One of the commments made in the press is that iPad sales are large enough that they may eclipse total PC sales in the US once results are in for the next quarter.

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Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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