Unfortunately for us, the next stop for AAPL will be $400.

What is the rational for that? Just wondering.

...or maybe $225, if they go through with the rumored stock split.

an article I read on the technical trend line for AAPL over the last year or so. Says that once it breaks $440, it will go to $400.

"Tech giant Apple (NASDAQ:AAPL) has been knocked around for about 160 days or so since peaking just above $700. Since then, the shares have given up more than $250 per share for a decline of about 37%, but is that enough?

Interestingly enough, the charts are telling us “no”. Just as perfectly as the stock followed support trends on the way up, the shares are now just as sensitive to overhead resistance from the same technical trendlines on the way down. Unfortunately for the AAPL bulls, those trendlines (as well as a few other technical tricks) are forecasting that the next move for AAPL should be to the $400 level, racking up another 10% decline for this former Belle of the Bulls.

At the time of this writing, AAPL was breaking through the $440 level, a significant technical price according to the charts. This break lower is happening after an unsuccessful attempt to break back above the shares’ declining 20-day moving average. The declining trendline’s approach of the $440 level puts the shares between the technical rock and hard place, forecasting a significantly high probability that the shares will break into another layer of selling in the near-term future."

I am sorry to have doomed you all by purchasing some of this stock.

With Steve "The One" Jobs gone and no hints of any disruptive tech in the wings, they're just like any other big tech company. They have more opportunities to fail than they do to succeed.

How's MSFT stock doing these days? INTC? CSCO? All three are absolute giants in their respective industries / market segments. Their profit margins are phenomenal. Yet their stocks have been languishing for years.

A company has to produce "game-changing" tech that fires up the consumer base on a regular basis in order to see the irrational exuberance that AAPL has seen in the past decade.

I'm just hoping for just one more run of irrational exuberance for AAPL, to let me get out.

$430 today

Can you hear me sobbing all the way from here?

wonder if I should buy it back now?

Apple headed to $270?

Let's revisit Ed Zabitsky's $270 per share Apple price target - Apple 2.0 -Fortune Tech

**deleted**

check out the p/e's

or without the stock split.

Sure, if something happens to the $260 in cash Apple is holding for every outstanding share.

LOL

You mean $42 per share, right?

AAPL Key Statistics | Apple Inc. Stock - Yahoo! Finance

SmileWavy

That really depends on how you want to define "cash." Yahoo's number represents the physical cash they have. But a lot of people would add short term investments & net receivables to that number, because they are essentially cash. From quick head math that puts you at roughly 66 Billion in cash, which I think should be around $160 per share in "cash."

Sorry, got that completely backwards. It's around $260 ex- cash.

Still feel its a buy at anything under $550. Other than iPods, their key product lines are thriving.