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Been a big buyer of Apple near $400
#1

Finally finished buying yesterday. I think Apple returns to $600 and I like the dividend. Have dry powder if it drops below $400 again.

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#2
Yes, probably, although not an easy call. On the one hand, you have all that cash, and the cash flow they still generate, on the other hand, profits are stagnant at best and could very well decline due to margin pressure from increased competition.

Bit of a fickle business, smartphones. HTC and (nobody's been looking but they have some really beautiful new phones coming) Alcatel could well steal some of the thunder this year..
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#3
Have dry powder if it drops below $400 again.
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