geotopia

Apple Inc: The Hype Must Go On

AAPL has seldom been aligned with the general market. In the 90's, for good reason, it was plummeting during one of the biggest market booms in history. That it is currently riding the wave is deceptive. There are times when you have to stop looking at numbers, pause, and ask if there's a real intrinsic value in a company's stock price - look at their products, sales channels, ability to market said products. If they are cabable and currently executing a revolution, then you have to separate them from the market. This is case in point with AAPL. Sorry, contrary to your thesis, these guys, with Steve at the helm, are clearly and consistently delivering revolutionary products and paradigms quarter after quarter. Applying historical or statistical models to Apple's current performance is a blunder.