As more & more firms state that AAPL is currently undervalued and will go back up soon, I have to ask. Does anyone really think AAPL is in decline? True, they have competition now from Samsung, Google, Nokia, and Amazon, but AAPL products are still very very popular around the globe and 100 new gloabl markets for Iphone5, IPAD, and Itunes have just been opened. I don't believe AAPL will hit $1000, but recovery to $700 in 2013 will most likely happen.
The folks declaring Apple is doomed are idiots! Yes, there's competition...but that's true for every industry. Think about it, the reason there's competition is because there's a massive amount of money to be made in the markets Apple is engaged in. So let the ill-informed declare Apple dead, let them short the stock...for it'll be those that understand that the fundamentals are still in place who will benefit greatly in the year to come.