[quote=moneymaker]As long as there are rich people around to over spend on laptops, tablets, phones, then Apple will continue to sell their stuff. That’s where my faith lies. I will buy more if I can in the near future. Today just reinforces my disbelief in Apple having a beta of .666[/quote]

Nobody is saying they won’t, just might not be that good for the stock price moving forward. People still bought plenty on MSFT stuff in the 2000’s but the stock was a dog. Plenty on people bought Coke products after 1998 and that stock was a dog too. History says AAPL will survive but buying and holding the stock isn’t likely to be a good investment other than the dividend. You aren’t likely to see 20+% appreciation annually ever again.