Originally Posted by Apple ][
AAPL has been on a short down term recently, fueled by various factors, including general global economic worries, fiscal cliff crap and a whole slew of moronic and clueless media writing garbage, bogus articles. Not very bright people have been predicting Apple's death for decades now, and I'm sorry to tell these morons that Apple's best days are still ahead of it.
Less about death, and more about market saturation and stagnation... Even if Android isn't making money in the market, it's soaking up potential buyers. Same with tablets and PCs. Apple is making money hands over fist, but it can't make 'more' money, because the market is not growing (faster than the population rate).
The past 4 months have all been about market manipulation in the general sense (all markets are manipulated)... the combo platter of Euro debt crisis, the shrinking of the US middle class (we're not talking gulfstreams here... we are talking phones and tablets... you need a person earning 30,000 a year feeling like they can afford an apple phone or iPad), the byzantine Chinese market (you almost have to give away your design to get into that market...), and the law of large numbers theory (Apple is too big to grow faster than the general market).
Articles aren't written for truth, they are written for purpose... the most basic is... profit. Either by driving prices in a direction or just ad hits.
This market correction is an aberration caused for those who felt that apple's dividend, Steve's death, the risk of samsung winning the lawsuit last year were too great of risks to be Long Apple. So for the last 4 months, this
Looking at the numbers... This Friday is a major day on the Options board. A lot of action is due on Friday, 3 business days before quarterly earnings report. There is some price that the big risk holders need, and the indication is, it's $500, and the news will give an take around that number until Friday 4pm.