[rayng]

Buy and hold AAPL.

Apple will make bigger gains in enterprise as I.T. departments seek integration and security with handsets, tablets and computers. Office 365 has essentially ceded the desk/laptop to the cloud, opening the door for Apple to make stronger gains and tighter integration. Security, integration and legacy are still big issues. But for startups and newer companies, Apple enterprise is the way to go. Reliability has been good, end-users are happy, which means lower costs and longer replacement cycles.

In less than a year, Apple will realize Microsoft's dream of cross platform integration. The information you want and need will appear seamlessly across all of your devices, blurring the lines among devices. This just means that iPhone will draw or force purchases of MacBooks for business travel, iMacs for the office, and iPads for the family.

How high will it go? I'll probably lighten up prior to next quarter's earnings or at $130. Xmas should be huge, but the blowout will be priced in. Let the stock settle with clarifications on the future of the buyback, rumors of AAPL jumping to the Dow, clarifications on iwatch (battery) specs, and ipay adoption (and profits) before adding to my position.