EIB Test April 2008 | Page 98

Harrison UC Riverside Extension Center,1200 University Ave, Riverside CA 92507-4596 951 756 8468 [email protected] products are so successful in China market. For example, Apple’s China revenues amounted to 10% of their overall revenues or $5 billion. That was up 400% from Apple’s Chinese revenues in the prior year. 2> The price of Apple stock has been decreased from July 26 to July 29. The reason why Apple stock has been decreased is two reasons. First, according to Susan Decker, these days Apple is in the process of filing about patent with SAMSUNG. Actually, Apple is a disadvantageous position because SAMSUNG has patent more than Apple. Second, according to Bloomberg News, China has a lot of fake products about Apple. It’s a bad influence on brand power of Apple . 3> According to The Financial Post, Apple has more cash than the US Government. Thus, a lot of investor guess that Apple can develop new products such as I-phone5 and IPad3.Therefore, Apple stock has gone up last day. I want to hold an Apple stock. The reason why I keep Apple stock is that Apple stock will be going up in the foreseeable future because I-Phone5 will release next month. Second, there are no unfavorable factors about Apple. 3. Korea company: POSCO PKX $114.00 $112.00 $110.00 $108.00 $106.00 $104.00 $102.00 Price change: $105.53 >> $ 110.60 PKX