Fed UP with the BS of APPL FALLING like MSFT in 2000!!!!!!!!!
MSFT had a PE of 79 in 1999. There was a lot of room to contract. On the bright side, I'd take MSFT's PE for APPL in six months. Fear has displaced reality or fundamental analysis. The tide will turn. Who knows when, but it will. Just sayin'.
Something else that I find really absurd. Some talking head on CNBC said that AAPL was over owned. WHAT? It has a certing number of shares that a corresponding number of people own. The same can be said for Facebook, Google, and any other publically traded company. If the people talking AAPL down had a brain, they wouldn't say such things. But that's the problem isn't it. Brains are not required, just an ability to #$%$ and speak without any distinction between the two functions.