Smart Phone Democracy Steve Jobs Laughing $AAPL $T $V #iPhone4

Steve Jobs on the iPad

Image by tonyhall via Flickr

Lots of retrospective on Steve Jobs and why he is the greatest industrialist/innovator of the 20th century. Sure the guy was great. But think of it this way if an average person buys a iPhone 4 and then say Donald Trump buys a new iPhone 4 you both have exactly the same product with the same availability of app’s and features within the same price range.

Steve Jobs is laughing at the 1% because they are actively engaged with the same technology. Average guy buys or sells a few hundred shares. Big rich guy buys or sells a few thousand shares. Well almost the same. You know what I mean.

Disclosure: George Gutowski writes from a caveat emptor perspective. I have not yet upgraded to iPhone 4 but will shortly. I hold no positions in stocks mentioned in this post. I have no plans to initiate new positions within the next 72 hours.