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At the moment, AAPL is weathering the day pretty well. This is a classic example of 'sell on the rumor buy on the news.'
I think the company is positioned well if they go through with the rumored low cost iPhone and super TV. The phone will sell well as the market model moves from subsidized phone prices to owned phones and plan shopping. The TV -- potentially a 4K TV -- will not need to sell in large numbers as it will be aimed at the 98th percentile. But Apple can then bring the (presumed interface and selection) features down to lower priced sets.
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techweenie | techweenie.com
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