Agree and $575 won't last long simply because its a short pit stop to $650 and higher later this year or very early next year. Apple has a lot of new and up graded products coming consumers way, most of which will be on everyone's buy list for holidays and purchases next year. Hell, the CM deal announcement could push Apple near $575 alone. Societe General in a month or so will have to move up their target price or be left in the dust.
Hey, you forgot the (third) question Apple longs have been asking themselves for a long time. Will the stock jump 4%, 6% or 6% after China Mobile Deal comes true. That could be the be mover for this stock which seems headed for $600 plus next month.
so are you buying or sitting on your hands? Stock over last five days has moved up, up, up and will continue to do so as market realizes Apple is cheap, set to do either a stock split or stock buy back and possibly jump 8% after upcoming CC on October 17.
Just thought I post the above, though it doesn't relate to Apple. If the House ever does an open vote the game is over and the government opens. But let's look at other key events this month for Apple
Oct. 17th - Apple Earnings Report - It will be good - Apple jumps 8%
Oct. 7 - Oct. 25 - China Mobile - Apple deal announced - Apple jump 11%
October 19 - 30th - Apple iPad launch - it will be awesome - Apple just 4%
and Monday or next week Obama selects Yellen to replace Bernie and the market jump on that news. Sad to think Merkel get re-elected for throw Germany Euros at Greece and Yellen gets selected to replace Uncle Ben because she wants to keep printing play money for the next two, three years. Market some day is going to crash big time, but as long as everyone keeps printing money and kick the can down the road the market will continue to go UP.