After the recent earnings beat but soft iPhone sales & guidance, AAPL tanked by over 8%. It's now back to $500/shr.
Market and investors are having doubts again on the prospect of the Apple story. I'm collecting some useful analyses here for reference.
What is it worth?
Carl Icahn's thesis.
Big-screen iPhone may arrive and dominate.
iTunes now nearly half Google's core business, and growing fast.
(Self-convincing arguments at their worst. It's the Law of Large Numbers, mind you! The last time I checked, Microsoft had monopoly positions in Windows and Offices around 2000. And they managed to missed three tech sea changes in Search, Mobile and Social-networking that were led by Google, Apple and Facebook. )
Apple acting more like microsoft (the Barclay downgrade).