What to do with Apple

Holding it, I was thinking of selling about an hour ago but then realized that this was an overreaction and that Apple will likely be fine. It's so cool to hate on Apple right now but there is little merit. Tons of excuses to hate it. Seen nothing serious. Obviously not a lot of catalysts to buy either. Kind of a dead period.

They had the most profitable quarter in tech history. This is a temporary over reaction. Hold dat.

It is very tempting here.

I was wrong on AAPL all the way up, and now that is coming back to Earth I could very well be wrong too. It seems way too cheap though.

Hold it def...and how do you know it is going to fall again 10% tomorrow? (is it just a conjecture?)

They just started this thing called after-hours trading last Wed. Shit is crazy.

If you're long you pretty much have to hold it. The multiple is very tempting at these levels and I don't take issue with anyone buying/holding since the numbers weren't all that bad. I still think the growth will level off significantly and permanently and they'll settle in safely next to Microsoft in a couple of years, but sub-400 I'd be fired for not at least seriously contemplating taking it long.

sell your apple and buy goog, maybe samsung in korea if you can trade in korea. fund flows could be swift - consider yourselves warned.

but thats a trading call - i'm less switched in on the apple fundamentals. At first glance, BlackHat's post seems quite reasonable.

I would say to sell it. Think about it, it had its greatest quarter and it fell 10%. It is likely that major funds are using this as a way to unload their shareholdings, which makes it bad. And another thing is the upside potential. It just had its greatest quarter, what kind of quarter must it have in order for it to return to its former glory. So all in all, low upside, high downside. Sell.

so what if it was my first comment! ak ak ak

Making a call here guys... Apple is going to 0... prove me wrong guys, prove me wrong.

Yes, CASH and 0 DEBT.

I agree with Black Hat, there's some weekly divergence playing on the CCI I think it'll have a nice fast bounce, but I wouldn't hold too long after the bounce, there will be overhead supply. I also believe I see big absorption from institutions in the first 15 minutes.

Just heard this: Mcclellan expects AAPL to bottom around Feb 19th on account of (edit: growth) investors exiting. With no mention of where the $bottom is..

Personally, cash out while you're ahead. You can always renter if it does bottom in the next month.

potential "tv solution", lower priced iphone getting lower tier users on the ios platform (will cannibalize from existing iphone sales, but probably inevitable at some point since the premium smartphone market is saturating and the middle is growing faster), potential carrier additions, potential dividend increase... tough call given what the market could look like in 3 years, but if you think they can keep printing cash I would run some numbers based on share loss assumptions and see what the downside is...

Market has overreacted. Buy

getting nice divergence on aapl now, definitely some institutions gobbling it up