This is a "long" chart? No way-its below all of the relevant moving averages-of course it came down to super solid support, so why wouldn't it be expected to bounce-so far the rally is well below 50% of the decline. If you go into Best Buy
or comparable stores count how many tablets and Smartphones there are, and note the prices. The bull
case I saw most today was that Apple
mobile devices won the race in terms of people ordering other digital items from Apple
devices. Does that mean it is selling more devices? Does that mean that people who own Droid-based devices are somehow intimidated or emotionally constrained from ordering online, and if they bought an apple
mobile device they would be more inclined to do so? That makes no sense. Tell me about sales of Iphone 5's at $200 subsidized versus Apple
4G available from Verizon stores at $0/unit? Tell me how in a recessionary environment people will shell out $329 (the Mini) vs $199 for a Nook, or $600 for a Retina Display Ipad versus a Galaxy tablet?