The iPhone sold extremely well, but that entire segment and specific product is becoming rapidly commoditized far faster than the first or even 2nd gen iPod ever was - Apple's recent development conference was a huge disappointment lacking the announcement of any true game changers or killer apps.
You can't have a game changer ALL the time. to the above poster, of course I have an iphone. I like to listen to music, I like having GPS everywhere I go, and I like having a phone and surfing the internet wherever I go. So for a person who likes those things it would be idiotic not to have one. We could argue back and forth. Lets just wait until earnings. Also keep in mind I did say long term...and apple does sell things overseas...
Why, because it will drop hard after a rally? I bought it at 112...should I get out? I also bought Google at 412, and got out via stop market order at 379, but in after hours it is back up to 412 again......
I will add more money to my positions after taking a beating for the past three months. It won't be AAPL though. I'd rather buy V.
its not the bottom for apple yet... buying here is a good entrance but expect it to go further down before it goes up