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.
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.
Steve Jobs is going to die from cancer any day and apple will never be the same and the stock will slide and never recover.
I am surprised Eric Schmidt from Google is still on the Apple board and no one is making a big fuss about it.