See my post on the Apple message board. My analysis indicates iPhone 5 sales will be weaker than people expect. The iPad mini will only serve to weaken Apple's position in the tablet market. Now is the time to short Apple. Apple will bring down the whole market and CRM. We are at the beginning of a multi-month downturn. Don't be surprised when the market start revisiting May's lows.
I just loved today's price action. Apple looks pathetic. It finished down $19 from the high. Apple started collapsing at 10:44am. The Nasdaq started collapsing at 10:52am. This is exactly what I have predicted. Apple will continue to fall and will pull down the market with it. I can't wait for the announcement of the lower margin iPad mini. This will be the death blow.
Good work. Just as impending competition of AAPL from Samsung affected AAPL, impending competition from various sources, especially from the newly hyped Workday IPO will be very negative for CRM. While AAPL has earnings and innovation and will survive, though possibly with lower target prices (no AAPL position), CRM not have GAAP earnings for years (IF EVER). Should I be sorry I covered small FFIV position already?