AAPL Apple: All my eggs in the Droid basket

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	Mike Barkett
	Washington, DC User since Nov 2007	56
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All my eggs in the Droid basket

With RIM looking strong and Droid obviously eating into the iPhone's market share, I think the giddiness in Apple-land is due for a let-down. I know it's risky betting against a popular stock like this, and some people think that AAPL is the only company out there producing any real value right now. Even at flat earnings, a price of 235 would still give AAPL a PE of 20.

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What People Are Saying...

Mike Barkett said at 5/4/10 1:04 PM Price action was $258.26 -8.09 (-3.0%)

the bigger they are, the harder they fall

Josh Warner-Burke said at 5/4/10 3:33 PM Price action was $258.33 -8.02 (-3.0%)

Still thinking about shorting TIVO

Mike Barkett said at 6/4/10 4:37 PM Price action was $255.97 -7.16 (-2.7%)

i wonder what the big announcement will be on monday. a 4G/LTE, 1TB iPad with rocket boosters (and wings) maybe? :) OR maybe they'll let us down and just announce their new search site, called BrownSnout.

Mike Barkett said at 6/8/10 2:38 PM Price action was $247.79 -3.15 (-1.3%)

I was just kidding about the search site. But Bing was one of the pathetic highlights of WWDC. Lame.