Quote:
Originally Posted by the
I don't follow AAPL all that closely, but its chart looks like its recent high prices were a bit bubbly...
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No doubt about it that the iPhone hype contributed to the "bubbly", but Kurt is spot on regarding Apple being more than a "one trick iPhone pony" imo and it's been good for me over the past several years. I haven't compared charts, but I'd bet RIMM, GOOG, and quite a few others share similar trends recently. I still hold some AAPL for the long run (purchased these positions the day the iPHone was announced last year), but got lucky with the timing and sold some near the top.