If the Dow can fall to 6600 in 2008, i'm pretty sure Apple can fall to $250 this year.
Do not for one minute think that it won't happen. In the next 6 months there is not one reason to be long. Not one catalyst out there in the next 6 to 18 months. The only big one i worried about being short is a 4.5 to 5 inch iphone but Cook allayed those fears with his cc comment:
Tim Cook - CEO: Bill, its Tim. The iPhone 5 offers as you know a new 4-inch Retina display which is the most advanced display in the industry, and no one comes close to matching the level of quality as the Retina display. It also provides a larger screen size for iPhone customers without sacrificing the one-headed ease-of-use that our customers love. So, we put a lot of thinking into screen size and believe we picked the right one.