How can you not love aaple here

Quote from Cutten:

Long-term they are fine. However, right now the consumer is scared out of their mind. Discretionary purchases - such as Ipods, Iphones, music and computers - are right in the firing line of recession retrenchment.
just my thoughts. apple is kind of luxury good for the
masses and they should feel reduced spending. but the
biggest question mark is probably the health of steve
jobs. apple IS steve jobs. as a long term investment for
your kids i think google is the stronger candidate.
 
Quote from jonbig04:

An asteroid could also hit Cupertino, CA destroying all things Apple. They never miss. They always beat and guide low.

Apple earnings announcements are usually not as much as a stock mover relative to products announcements.

And the high P/E already priced in the beating of expectations, tell us something we don't know.
 
Good points all.

apple was over $200 not very long ago. It is still my belief that this stock is down because the market is down. Thats my main point. Of course I could be wrong, but I think when the NDX comes back, apple will come back with fury.
 
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