patrick.net

Los Angeles Renter says

Tomorrow should be interesting…. Apple will probably crash in the AM on the Steve Jobs health worries… Just how bad? 10-20% haircut possible.. Then if earnings aren’t absolutely AMAZING… Then look out, another 10% haircut is possible.. total 20-30% loss! I was really considering selling some of my position soon… oh well, guess I’ll hold on now.

Well, i'm glad I was wrong.. I guess jobs departure from Apple is already priced in... Good to know!

SF ace says

file this under why you should never set up stops. I knew Apple is good when my freakin nanny bought an Ipad. Incredible.
I had a chance to visit Hong Kong and Singapore last month and Apple products are absolute hits. It’s just incredible everyone that had a Nokia two years ago are all converted to Iphone 4, for $799 no less.
I don’t know the technical details like Kevin, but Apple just passes the eye test. Samsung is a distant second.

I'm not sure I follow. My comments about Samsung was with regards to their components, not their finished products. Their finished products are pretty mediocre in most fields, and I honestly wouldn't pick them out of a crowd. I certainly wouldn't call them a 'distant second'. In the smartphone (and soon, tablet) space, in terms of overall quality, I would put Nokia as second best in terms of design, but their software is garbage. Motorola would be my vote for third.

Where Samsung shines is in their semiconductor (SoC's, DRAM, NAND) and display panel businesses. Where do you think Apple gets their parts from? Samsung desperately wants to move up the value chain, and they're having modest success with it, but if they keep fucking with their customers the way that they've done with the Galaxy S line, or jumping the gun and producing mediocre products like the Galaxy Tab, their chances are slim.

I am still in AAPL. Wanted to buy more on the dip, but missed my limit order by $1.
On to the next one, indeed.

Now I see AAPL has been slumping a bit the last few days. Hmmm, the excitement is gone I guess. Now I don't feel so bad about bouncing out.

Options expiration tomorrow. Market maker conspiracies? I'm a believer; I finally started writing covered calls (on another tech, not Apple). Don't fight The Man. Tomorrow should be fun as I haven't closed out my position yet...