Actually I stand corrected...evidently there have been closer to 700 Million phones sold to date. Nine iPhones are sold every second around the world. Why? The Apple ecosystem is unmatched. It is sticky meaning once you are in...hard to peel away....especially in light of nothing better to transform to.
It would be more fitting for you to put an R after the T in your name to go with your moronic post. You are witnessing the most innovative and valued company in the world drive new technologies, CREATE new trends and dominate another product category globally. The fundamentals underscore this and it would be crazy to short Apple here in spite of an imminent pullback. Hot Air? Apple has sold over 500 Million iPhones and revolutionized the entire Mobile category over the years...that is not hot air but seemingly what is between your ears IS.
You may be at the front door of one right now....if your short position is still up you could take some profits. When Netflix traded between 70 and 90 for 12 months (down from the 400's) it had a massive short squeeze that catapulted the stock from 95 (ish) directly to 350. I was short 400 shares at 90 and got out at 160. It COULD have taken out my whole portfolio. So don't hold onto a short position and say "LOL...Ive never seen a short squeeze"...because they are real and can vaporize your entire portfolio.......numbnuts.