Apple Computer, Inc (AAPL) is a phenomenal company, constantly innovating and producing truly legitimate game-changing devices. My home is filled with various iterations of iPods and iPhones and I intend to make my next computer a Mac.
However, I have never owned the stock. I have no view on AAPL as a stock but I have noticed the massive coverage AAPL has been getting in recent months, gracing the cover of numerous magazines. Those that view magazine covers as contrarian indicators may have some food for thought with AAPL's recent coverage.
DISCLOSURE: AUTHOR MANAGES A HEDGE FUND AND MANAGED ACCOUNTS WITH NO INTEREST OR POSITION IN AAPL