The “i” is for Insane

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I swung by Palo Alto's Apple store this morning before it opened, and there was a line of about a hundred people waiting to get in, similar to the iPhone introduction I made a video about three years ago. The funny thing is that there is a constant stream of passerby taking photos – – with their iPhone – – of people waiting to buy an iPad. We have truly come full circle.

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If you believe mass media is a contrary indicator, it's time to take profits in AAPL.

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