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Apple: Great Company with Lofty Valuation - Due for Pullback

You fail to mention the over $23 per share that AAPL has in cash. This is not an insignificant amount should help ease your P.E. worries... And for a company that still seems to be growing at over 30 percent annually - with a tiny market share in their main business makes for a company that has a potentially very bright future that should be reflected in the stock price and valuation.

Apple's New iPhone Applications No Threat to RIM's BlackBerry

Not every RIMM customer is a teenager text messaging all day long. The iPhone is a NEW technology. It won't kill the Blackberry, but it has to lure some away from it (like me). Sure you can belittle the iPhone as a 'music and video player' but it is also a powerful connected tool will soon gain third party software. It may not beat RIMM at it's own game, but it will syphon off some of it's growth. To think otherwise is naive...