Apple Stock fell sharply, does it really look that bad?

On Monday the stock market took one of its biggest hits in history. Apple's stock got hit even harder as untimely analyst downgrades sent the stock down 18%. The question though is if things are really looking that bad for Apple and I would say no. Piper Jaffray analyst Gene Munster also does not see Apple's near term performance that bleak.
Sure their is concern of a downturn in consumer spending, but I believe that Apple will still get a big junk of whatever consumers are willing to spend on electronics this holiday shopping season.
The iPod line and the iPhone are for most consumers the top choice in their respective product categories.
Additionally everything points to new notebook announcements in October that should also spur Mac sales for fall.
See also this LA Times story.

Updates

Home on the range

Source: parterre box presents La Cieca

Our Own Betsy Ann Bobolink (not pictured) writes: “Well, let’s see. They’ve used sinks, bathtubs, commodes. Except for bathroom scales, that takes care of the primary fixtures in la salle de bain. Boudoirs have been done ...
Full article at: parterre box presents La Cieca  More like this  5 hours ago

Man convicted for having 'legal high'

Source: This is Wiltshire

Steven Ross spent six weeks in the Great Western Hospital as a result of taking so-called legal highs. He says he has not taken them since A FORMER user of legal highs, who told the Adver how the substances nearly killed him, has been convicted of ...
Full article at: This is Wiltshire  More like this  5 hours ago

Recipe is a closely guarded secret

Source: Boy's Life Magazine

Hey, Pedro, I tried making an alfalfa milkshake, and to be truthful it kind of tasted good (probably because I put a ton of other stuff in it though). But I want to try your recipe. What do you put in it? —Paul V., Custer, ...
Full article at: Boy's Life Magazine  More like this  6 hours ago

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