Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.
Much has been said and written about the fall in Apple’s (AAPL) shares from above $700 to the $400s level where they are now. Many people are stunned how this company, which generates extraordinary amounts of revenues, profits, margins, cash flow and sits on a mountain of cash can be so cheap, with the shares falling so precipitously. [Read on here]
