Hey Guys don't make a rookie mistake and buy a falling stock. Apple's margins will be very much pressurized now. It costs $167 to make Iphone5 -do you think they can still sell for $700. This crazy anomaly will be over soon.. provider will stop this phone subsidizing because now there is no economical reason behind this (t mobile is the first one). Every phone is now almost smart phone and can do the same. Would you pay $700 for iphone5 if you can buy the same one with same functionality for $200? Think about this, the smart phone is a very common gadget now and next Christmas will cost 1/3 of the current price. Iphone is not special anymore as it was a 2 years ago. All tablets will flood the market this years too and the thinner Apples margin will be pressurized too. So don't be excited with current P/E this a history ... look ahead. After next and last good financial report the Apples future fundaments won't look good to me. The only one hope is "some another new thing" any the game changer .. which can lift Apple stock ..... don't get be fooled with tax selling theory. Use your common sense. The technical signals always are ahead of fundamental reasons.