My tagline says that I only cover things when it disgusts me that other people don't see it, so I'm not sure if anything relating to AAPL qualifies. You can find opinions of all sorts on AAPL stock; long, short, sideways, doomed to go bankrupt, destined for $1 trillion market cap, etc.

One thing I do know is that when a party is raging this hard, it always takes it a while to die down. After what was probably the most uninspiring WWDC of the iPhone era, I have my reservations about AAPL's long term prospects and vision, and I am not convinced that it will enjoy endless growth. However, even if it's going to tank, there will be a double peak, the first half of which we just saw in the last three months. If it blows through 700 and nears 800 then hang on for the ride, but if it punches quickly to 700-720 this Summer and then withdraws, then that could be a signal to get out for a while.

Either way, it's pretty  much a guarantee that people will continue dumping their money into this stock, chasing the big long term rewards until they are given a good reason not to, and the price will go up. Worries about tectonic movements of the smartphone and tablet markets aside, AAPL should still be reaping the rewards of its past successes, and as a result I expect good earnings later this month. For now, it is a buy, with a cautious eye toward the double peak.