Apple

[grizzle]

However...today for the first time I'm getting my first nagging doubts, thanks to Walmart. They just started selling the iPhone 5 for $127. That's insane. Unless recently every store was sold out. I can't imagine why Apple would let them do that, but Walmart says they partnered with Apple on the deal. Is Walmart eating the loss to get people into their store? Or is Apple reducing prices because of falling demand? Whichever, if I'm having doubts, I know that means a lot of other people will be too. Which I think means a sell-off next week (especially if analysts downgrade too, which seems likely). Could drop to the mid $400s, maybe lower.

Interesting. I was reading an article the other day (don't recall link, will look for it later) that mentioned something about the iPhone 4 (or 4s or something like that) was outselling the iPhone 5, and it was theorycrafting about whether the iPhone had plateaued.