Thursday, June 07, 2007

Might be time to watch Apple stock

Combine an iPod with a BlackBerry, toss in the Apple marque and Apple's marketing power, what do you get? Around 2009, when the lower cost version of iPhone appears, Business Week believes the yearly market for iPhones will be over 10 billion dollars a year. Its an interesting prediction, if those numbers come to pass, iPhone could become 10% of Apple's yearly market cap.