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Apple (AAPL: 459.68 0.00%) is one of the great innovators of our time. Years ago they developed an mp3 player that set the music industry on their ear. Digital downloads of music have surpassed sales of compact discs, and I believe in the next few years we will see the same thing happen to DVD’s. Of course broadband will have to get even more widespread, primarily in rural areas, before that happens. But it will and Netflix (NFLX: 126.43 0.00%) is in just the right position to be the supplier of these movie downloads. However, the biggest innovator in recent memory could throw a wrench in Netflix’s plans.

Whereas ten years ago you didn’t count out Microsoft, you don’t count out Apple. Remember, they are the owners of the ever popular iTunes, and have positioned themselves in the video market with Apple TV. You can download music, videos and TV shows right off of iTunes. In my opinion this makes them a perfect match for the video download revolution for the home. However you have to figure in the millions of Netflix subscribers already committed to them. And Apple may decide this a race it would rather not run. But don’t be on it.

Consumer spending may be at all-time low, but there are plenty of things people can’t seem to live with out.

So the news on Steve Jobs hasn’t been very good for shares of Apple, which has seen it’s shares drop recently However, the Royal Bank of Canada today downgraded the Apple stock price and slash its target of $125 per share down to $70. This all on claims of concerns of earning potential and uncertainty about the company’s leadership in other words Steve Jobs’ health.

I think Apple will be fine with or without Jobs. The ipod and iphone are still selling like gangbusters. And there should be some great new and exciting products in 2009 such as a new Mac mini, new iMacs and possibly a new 4GB iPhone.

This stock was selling at $200 a share not long ago. Even though we are in the grips of a recession, it seems people are still willing to pay top dollar for Apple’s most popular items.

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Considering that the Federal Reserve has cut the target federal funds rate to below 0.25%, it is shocking to see that DollarSavingsDirect is still running a 4.00% APY online savings account.
I’m curious how they can afford to pay out such a high interest, and I’m also very wary of the fact that they have a [...]