Stampede out of Apple appears to have gone to Netflix - driving NFLX up to 300 times earnings today. But hey, the shareholders want something that costs at least $100 or more per share. Irrational. They won't stay there, unless you think 42.22% up per day is sustainable. They will look for value in something they can understand - tech. Maybe they have heard about China Mobile market size, although I think a lot of Apple shareholders don't think about the China market very much - yet.
NOK - .. OMG. Nothing announced that wasn't well known in advance, but manipulation was able to drive it down steeply pre-market and then those who slept in late got up, saw the drop and PANICKED, IMO. Some out because of no dividend - Euro socialists love annual checks, perhaps.
100 shares of APPL could buy 10000 shares of NOK - with some real upside available. "But it has to be Shiek, Darling." "Well, NOK is European and worldly, let's get some for the children."
Tomorrow is another day, people need to calm down. Today did not change a good thing that's going on here. Today was predictable and the panic could have been worse.