Quote from S2007S:
Agree.
I was long around 644, but sold quickly at 652 before the big drop last week, today its again at multi week lows touching $607.33.....I'm actually going to take a small small position if it does drop tonight after the close, will not buy it if it jumps though because I know I will be able to pick up shares once again in this range if it does jump to $650 by Friday morning.
After the last earnings announcement AAPL gapped down, stayed there for a day or two, and then took off on a nice rally.
There are so many variables this time it might take a while for the Market to decide on how to price it.
This article talks about some of that:
http://www.marketwatch.com/story/iphone-the-big-wild-card-in-apples-results-2012-10-25
