What seemed like a drastic collapse of Apple (AAPL) stock at the beginning of the year, has turned into a necessary sale to get rid of extreme speculation. It seems overwhelmingly true that Apple’s strategies and product moves have been quite beneficial to their earnings and in turn, its investors.

Finally, now halfway into the year, Apple is returning to its previous highs and filling in the gap at $200. The question now is should investors speculate at this point by purchasing shares in AAPL?

Before doing that, it’s important to understand that the MacBook Air has a lot of potential. The device is far ahead of the curve, and many people are still getting used to the fact that a fully-functional laptop could be without a CD/DVD-ROM drive. Along with that, the lesser power (CPU), fewer device inputs, and large storage reduction don’t help its cause. On the other hand, the device could see heightened popularity when the general population understands the practicality of a lightweight, highly-portable, and fully-functional laptop. Wireless standards have a lot of room to grow, but as wireless internet continues to grow in popularity and the sharing of broadband connections around the states increases, the device will continue to see a niche demand.

We’ve just published an article regarding the 3G iPhone update that should come within the next couple of weeks. With this update, price reductions may occur alongside a greater demand for the faster, greater business-like phone.

Be careful about purchasing more AAPL at these levels, but with any sizable pullback, a purchase consideration should be made.

Alongside the annual Worldwide Developer’s Conference (WWDC), rumors are surrounding the June 9th Keynote speech by Apple’s Steve Jobs. In traditional fashion, WWDC is being touted as the next spot for an upcoming product update/release.

The long demanded 3G iPhone, which has been the constant talk of rumor sites, may finally have a release date. A report out of GeekSugar is putting a heavy reliance on an insider’s tip. The insider suggests that when Jobs takes the stage on June 9th, he’ll be packing a new 3G iPhone in his pocket.

We’ve already seen iPhone supplies drop and disappear in recent weeks. Both US and UK online stores have declared the iPhone as, “currently unavailable.” What does this most likely suggest? Without a doubt, consumers will see an update within a short few weeks.

As we’ve previously mentioned,

All-in-all, the next revision in the iPhone rumors have included: greener (more environmentally friendly) design, OLED screen (organic), better battery life, simultaneous release of App Store, and 3G capabilities.

Added to this would be the consideration that storage capacities will most likely drop the 8GB model and opt for the 16 and 32GB versions.

In a recent addition to the iTunes store, Apple has added a new, “Discovery Download.” First noticed under the Alternative section of the iTunes store, it’s another way for users to get their hands on some free music.

While the addition of more free music is a pleasant thought, it appears as though iTunes is continuing to pump seriously horrible music that it is sub-par by even the most generous standards. iTunes users shouldn’t expect any more from the “Discovery Downloads,” than the already present free downloads of the week at the iTunes store home page.

This week’s first Discovery Download is: Two Times by The Blakes.

The iPod Touch has continued to captivate me. I’ve been increasingly interested in purchasing one for quite some time. The ability for the iPod Touch/iPhone/OS X software to become more complex and developed, alongside 3rd party app development, is making it an enticing buy. But what’s holding me back?

For starters, there’s a hefty price tag–$299 for an 8GB model. I have a relatively large music collection, but an even larger (size) of TV Shows and Movies that I’ve downloaded from Apple’s iTunes store. By all means I don’t have to have my entire iTunes library with me at all times, but sometimes I want to rock out to some punk and sometimes I want to listen to some indie rock. I go through different music moods and I want to easily switch between my whole library.

What occurs to me is that every sign is pointing me towards the iPod classic. It’s got the size, ability to play TV Shows and Movies, and is even slighty smaller than the iPod touch. Unfortunately, I don’t want to part ways with the iPod touch’s features and larger viewing screen.

I want the touch interface and web capabilities of the iPod touch with the storage capacity of the iPod classic. Oh and one more thing, I’d like to see the device’s size shrink down to that of an iPod nano.

iPod touch interface, iPod classic storage size, and iPod nano form factor. Bring me that Apple, and I’ll hardly think twice about dropping $299.

Apple has just released a new update for Safari. The latest update is intended to provide improvements in stability, compatibility and security.

The 39 MB update requires a restart.

Apple consumers are dying to get their hands on the next iPhone. While being well understood that it will be released in 2008, it’s still unclear what will be included.

The next version is certain to include a 3G version. This revision will allow an entirely new audience to join the iPhone/Mac platform. A number of business customers and consumers demanding high-speed wireless internet capabilities have criticized AT&T’s network from the beginning.

The EDGE network continually is considered an underdog and slow alternative to the data speeds at Verizon. 3G could be the direct link between general consumer product and mass market business application. The release of a new iPhone will most likely be subdued to the latter part of the year, as the AT&T network will need to be revamped to allow 3G use, and the iPhone battery needs to be improved to take advantage of the power draining 3G chips.

All-in-all, the next revision in the iPhone rumors have included: greener (more environmentally friendly) design, OLED screen (organic), better battery life, simultaneous release of App Store, and 3G capabilities.

Dates for this year’s WWDC (Worldwide Developers Conference) have just been released. The conference, which consistently features new Apple products, will take place in San Francisco from June 9-13, 2008.

The update that came as an e-mail to developers today highlighted the iPhone and new Mac hardware such as the MacBook Air. The e-mail also has the Golden Gate Bridge in San Francisco splitting into two. What this may or may not mean will be plenty of nourishment for the rumor mill.

Both the iPod Touch and iPhone have received major updates in storage capacity today on the Apple store. Unfortunately, the upgraded storage capacities have come without major price cuts to the baseline models.

As of today, “Now there’s even more to touch.” The iPod Touch now includes a top-of-the-line 32 GB model. The new version is priced at a steep $399. Although there was a major upgrade to the line, the 8 GB model is still priced $299.

The iPhone also got a modest increase today, with the introduction of a 16 GB model. The new iPhone costs $499, with the older model still priced at $399.