well, considering the drop off from the highs of the day and the announcement that they might not have the iphone ready for the pre announced release date, if might drop down further, but personal opinion is not to take the chance, take ur profits while you can and keep the risk low. AAPL can open up tomorrow up or down, have some good/bad news overnight, who knows, not worth an overnight hold if you're already in the money on the short. Take it while you can.