Apple

[Vanraw]

However...today for the first time I'm getting my first nagging doubts, thanks to Walmart. They just started selling the iPhone 5 for $127. That's insane. Unless recently every store was sold out. I can't imagine why Apple would let them do that, but Walmart says they partnered with Apple on the deal. Is Walmart eating the loss to get people into their store? Or is Apple reducing prices because of falling demand? Whichever, if I'm having doubts, I know that means a lot of other people will be too. Which I think means a sell-off next week (especially if analysts downgrade too, which seems likely). Could drop to the mid $400s, maybe lower.

Interesting. I was reading an article the other day (don't recall link, will look for it later) that mentioned something about the iPhone 4 (or 4s or something like that) was outselling the iPhone 5, and it was theorycrafting about whether the iPhone had plateaued.

Yea I noticed iPhone 4 is now free at vz with a contract. Also read that iPhone 4 is selling well.

On the doubts, its a matter of time that any product with the kind of profit margin of iPhone, will be impacted by competative pressures. Hopefully apple hasn't turned its marketing goals to market share. Also keep in mind that apple only has one product the drove its market cap so high. Multi versions of a single technology.

However, the china market seems hungry for iPhone. So I would not short apple by any means. Yet....