Readers would not forgive me if I didn't point out that Apple closed tonight at a record high of $535 giving them a market value of $500b. See FT - Apple joins the $500b club. That's a 32% rise in just the first two months of 2012. Also, invites have been sent (not to me, I might add) for a launch event on 7th March which most pundits reckon is for the iPad3.
The 'Apple is due for a fall" emails now arrive in my inbox with increased frequency. I've been receiving them since 2004 when the shares were $10. You can reread the story behind my 2004 prediction here. Of course, one day the warnings will be correct! But at the moment I remind readers that Apple, even at these exulted prices, still trades on a modest forward P/E of 11.
And then there is the launch later this year of Apple iTV. Having just bought the very latest Panasonic Smart TV only to find that I can get BBC iPlayer but not ITV Player or Lovefilm, I really wish I had waited. Message to Panasonic and all the other TV makers "Be worried. Be very worried".