World Cup and Trading Volume

Be mindful, that the trading volume during World Cup matches would be significantly lower. It would be worst during some matches that happened to be a "must watch" event.

Cheers !
PersianCat

Market at the Critical Support

The DOW 30 Index and the S&P500 Index are both near the critical support level.

• Both are near the May 2010 Low (which happened to be slightly lower than the Feb 2010 Low).
  
• Both are also near the 50% Fibonacci retracement - drawn from the July 2009 Low to April 2010 High.
• Both are way below the SMA 200 (critical for long-term investors)

The Nasdaq composite Index is somewhat similar.

Should the major indices break and close below the May 2010 Low, it may spells more trouble for the Bulls. The Bears will. have a good time and bring the markets lower. Attached is the SPY (S&P ETF) chart for reference. It closely follows the S&P 500 Index.



Cheers !

PersianCat

AAPL's iPad & iPhone Statistics

The following are the statistics on AAPL products:

iPad (as released by Steve Jobs at theWWDC 2010 7 Jun 2010)

• One iPad sold every 3 seconds, 2 million iPads first 59 days. iPad’s in 10 countries today. 19 countries by end July. There are now 8500 native iPad apps. Downloaded over 35m times, 17 apps per purchased iPad average.
• iBooks: 5m downloads in first 65 days. 2.5 books per iPad. Has 5 of 6 biggest publishers in US, and iBooks’ market share for them is 22% in just 8 weeks. Biggest request - iBooks will read PDFs.
• App Store is a curated platform with 225,000 apps. App approval process: we get about 15,000 apps submitted per week. New, updated apps, everything totaling 15,000 and they come in in 30 different languages. 95% of all the apps are approved within 7 days.
• 5 billion downloads now. 70% of revenue paid to developers: $1b so far

iPhone

• Two pieces of data re: market share. First is Nielsen: Q1 US Smartphone Market Share - RIM #1 with 35%, iPhone 28%, WinMo - 19%, Android - 9%. 9% other. Another study, U.S. mobile browser usage from May shows iPhone at 58.2% of entire category. Android at 22.7%. Rim 12.7% (as released by Steve Jobs at theWWDC 2010 7 Jun 2010)
• iPhone 4 - Three million iPhone 4 units were sold in first three weeks

Cheers !

PersianCat