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CNBC: Apple beating recession
A panel on CNBC's Fast Money was recently remarking on AAPL's apparent invulnerability to the recession that's currently affecting the United States, noting that it's jumped 40% so far this year, outperforming the NASDAQ. J.P. Mark of Farmhouse Equity Research suggests that the excitement that persists among Apple's retail employees customers is a part of that performance.As for the stock's immediate future, the panel and Mr. Mark point to this summer's concurrent release of iPhone OS 3.0 and a likely new iPhone model as a powerful stimulus. Finally, Mr. Mark notes that it isn't often that an electronic gadget becomes more useful and valuable over time.I definitely agree with that. My iPhone is now almost two years old and it does much more than it did when I first opened its box. Also, if a new iPhone does appear this summer just as my current contract is expiring, I'll almost certainly buy it.
Scott on CNBC now in iTunes
In today's world, media cannot be lost but only transformed. In this specific case, TUAW's Scott McNulty's appearance on CNBC is the transformation target; if you had trouble watching the clip of the Face2Face segment in CNBC's Windows Media embed on their page, the video is now available in the iTunes Store as a podcast. Watch Scott try to get a word in edgewise as the chatty traders shout over each other; not to be missed.Thanks Ricky
