In late 2008, Apple's (NASDAQ: AAPL) days were supposedly over. Worse, its premium products would likely fail to maintain traction during the worst economic downturn since the Great Depression. Fearful competitive responses to the iPhone 3G were looming. At that time, Mr. Market sold me Apple for $100.
Since then, Apple’s share price hit $700, and is now down to $460. With twelve-month earnings of over $40 billion more »