this is short term movement only. Apple is still the most solid company in the world. Now at a discount. I'm holding even if this falls to $450. Why?
Biggest electronic name in the world
$120 Billion Cash
below 10 PE (minus cash)
Major growth areas - China mobile, cheaper iphone, iTV, iWatch, iSearch with Siri
American company (this means something to me)
Bottom line is if you are in the stock long term (3-5 years+) this movement does not mean anything. Relax.
If you are a short term long (1-6 months) you should be worried.
In the long term your dead, SHORT TERM IS ALL YOU CAN COUNT ON. No body wants to see their money disappear. APPLE is dead long term as are their share holders. sell now and sell often.
Sentiment: Strong Sell
Given you felt the need to post that, I doubt you have no worries.
Now ask yourself what Tim Cook's position says about the companies strength. That is true confidence, he's confident enough of what is to come that he doesn't need to address the BS in stock price. All this is is scared retail. Big blocks been buying and little blocks are selling. I'd guess those big blocks aren't going to be intending to sell until panic buying sets in at around 650-750.
The other thing TC's silence does now is it address all the BS from CNBC and others the next time those dirtbags hammer the strong. When apple crushes Earnings it will serve as an implicit reminder that the dirtbags are nothing else and they truely never deserved any attention or energy from Apple. Truth.
True there is some worry. But no investment is 100% worry free. I worry more about my Amazon stock. I worry more about my S&P index 401k. Can Apple lose market cap long term? Of course. but at these prices I'm willing to take the 'risk' time and time again.