Monday, January 25, 2010

AAPL

The whisper number for AAPL is $12.06 billion in revenue and $2.07 a share. Now the headline will read AAPL blows out projections. Which are considerably less than the whisper numbers.

If the trend is to sell the news then AAPL is a nice short here. I am buying the April $200 puts so my downside is limited. Personally, AAPL growing to $250 a share is not foreseeable. The market is always correct and we will see.

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