iPhone OS 4.0 Event Today – Take the Hit Now or Keep the Momentum Going?

With the iPhone OS 4.0 event today…I’m betting on some nice new features. Odds are low on the Verizon or iPhone HD announcements, although it would be nice to hear…And I expect Steve to intro Scott Forestall who will do most of the talking…but you never know…”One last thing…” may show up…

W/the stock doing as well as it is, it just hit $240, up from $220 only 30 days ago…I wouldn’t want to burn any good will with the Apple community just to show off a dot release, unless it was pretty major…the running of multiple apps simultaneously would be the most sought after feature…

That said, maybe this is more of the dis-information strategy from the team out in Cupertino and knowing 4.0 will be a disappointment to end users and the street…Better to take the hit now while you’re running hot, giving APPL time to recoup from the potential damage…or turn shite into shineola…

I’m sure you’re all following this more closely than I, but depending on which cloak and dagger analyst you’re listening to, target is now $270-$300 for APPL – I’m calling this a HOLD medium term (hee hee, just fun to talk like an analyst) until they ship new a Verizon phone – at which point they very well may hit $300…seems fantastical as I recall the 1996 Wired Magazine cover w/the word “Pray” and a thorny crown around the rainbow Apple logo…moreover I wish I still had the email I sent to friends in 1998 telling them to buy APPL @ $9…*crying* if only I had taken my own advice! My $1,000 sell off from my vested shares of M100 would have been worth like $250K! *Sobbing*…

If for some reason, Verizon doesn’t happen…I would sell @ anything above or equaling $250 short term, …as all bets are off, but APPL will have passed it by then I’m reasonably certain…and if they do the dutch w/Verizon…and continue to drive the surface computing, web standards and mobile markets…who knows where APPL may land…and what is all this talk about APPL challenging GOOG/MSFT on search? I don’t see it…if GOOG were smart, they would stick to their core business…I don’t get a warm feeling when I think of Android OS devices…but truth be told I haven’t used one yet either…

Hum…maybe they’ll announce Verizon today? Would certainly keep the momentum going! Enjoy the show.