09-12-2013, 08:50 AM
(09-11-2013, 08:26 AM)Shawnjeffrey Wrote: Anyone buying?
I'm very tempted to make a play -- either a few more shares long or an options play -- but will probably not. I'm tempted because I'm coming to think that maybe AAPL is smarter than we are. They get punished every time they fail to do what "the market" *wants* or *hopes* they will do. No cheaper phone to compete for market share? Kill the stock. No iWatch yet? Kill the stock. Etc. But market share has never seemed to be AAPL's goal, and they have consistently refused to make products that aren't great and that don't make complete sense just to be on the bandwagon. They are content to make excellent, premium-priced products for the segment of the market -- however large that is -- that is willing and able to pay for them. And to make gobs of money in the process.
I probably will not, however, because like ronn38 I am already about as exposed to Apple as I want to be, and because like Kerim I have come to be very wary of trying to make ANY predictions about AAPL's stock price.