It is still too new for investors to estimate the impact of the iPad. It may 
cannibalise a lot of iPod Touch sales. 

Well they are getting overpriced. The whole market is valued at around 25 times 
earnings which is not the level at the end of a recession. It would probably be 
closer to 14 times earnings, with traditional companies below 10 times 
earnings. 

David

> Is the iPad not going down well with investors? I notice that Apple shares 
> have gone down each day recently - just over 4% today. Glad I sold mine a 
> fortnight ago!
> 
> Andrew
> On 29 Jan 2010, at 8:00 am, Mat Walker wrote:
> 

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