Yes, Apple Tablet is finally on the show.
It will be a product that's on the very different level than Amazon's Kindle and B&N's Nook.
With basically similar system like Apple iTouch, the screen size will be bigger than 7 inches (diag).
Now, what to watch at the show?
Apple is already fully invested. $AAPL market cap is $185 Billion, and PE is 32.75, while EPS is 6.3.
For 6.3 earning, 32.75 PE is considered pretty high.
Yes, Apple is such a growing company. But do you think Apple is bigger than Google?
Google's market cap is $172 Billion, and PE is 26.6 while EPS is 20.4
Even on the balance sheet, Google surely has much lower Liability:Asset ratio.
I think it is the time tot invest in Google.
I recommend to wait little bit until Google shows the bottom. Google is currently having some "swirl" because of its co-founder's major sale of shares.
Today (Wed) at Apple's conference. I recommend to watch (inspect) the companies that are INSIDE the tablet.
TI is one of the core technologies being used in Apple iPhone. Of course, when iPhone sales increases, TI shares also enjoys profit.
With high expectation of major sale of this TABLET that will be approximately opened to market on MAY, 2010, you should watch out for 3Q earning report of tablet component producers.
Think of the key stakeholders and key players in the product.
I learned this when I made handsome profit last quarter with Amazon and Apple.
