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MarketFoolery

MarketFoolery: 03.02.2011

MarketFoolery

The Motley Fool

Money, Business, Motley, Business News, Stocks, News, Investing, Market, Fool

4.71.7K Ratings

🗓️ 2 March 2011

⏱️ 11 minutes

🧾️ Download transcript

Summary

Will Apple's iPad 2 connect on Wall Street? What's behind strong earnings at Costco?

Transcript

Click on a timestamp to play from that location

0:00.0

It's Wednesday, March 2nd, and this is Market Fullery.

0:05.0

I'm Chris Hill and joining me in studio today from Motley Fool Income Investor James Early,

0:10.0

from Million Dollar Portfolio Dave Meyer, and from Hidden Gems Charlie Travers.

0:14.8

Guys, good to see you, Chris.

0:16.8

Costco earnings in a moment, but first, the new iPads are here.

0:20.0

The new iPads are here.

0:21.6

Yes, Apple, the iPad too today.

0:27.0

It's lighter, thinner, faster, and has two cameras for video chats,

0:31.0

all for the same price as the original iPad and yes guys

0:35.0

Steve Jobs did make an appearance to introduce the new product.

0:38.0

Charlie Travers, what's your take on the iPad too?

0:41.0

It's Christmas and March, Chris.

0:44.0

And well, what's interesting as an analyst sitting here and watching all the buzz around the iPad too is that

0:49.0

when the first iPad was rolled out last April,

0:52.0

was widely kind of derided and you know I would say the analysts around

0:56.6

fool HQ were kind of like what the hell is Apple doing there's no need for this

1:00.9

tablet device halfway between a smartphone and a laptop and

1:04.8

15 million units later we're all kind of eating a little bit of crow.

1:09.1

And, you know, but to get to the iPad too, it's a typical, you know, hardware upgrade, which is also a good thing,

1:15.1

but kind of funnily, the, you know, feature that most people are excited about is that this thing is coming

1:20.0

out in white.

1:21.0

Did you just use the word funnily?

...

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