Is the Apple Stock Run Over?

I was looking at my American Express Bill and noticed no Apple store expenditures in 60 days. That has not happened in three years.

I have nothing left to buy for sure, but I have not even been interested in looking around.

The iPhone just does not get me excited. I can’t see carrying one of those around with an iPod and a Blackberry. One more thing to get stolen or lost in the end. I am not switching away from my Blackberry to an iPhone especially if Cingular and AT&T are the carrier.

I do believe that laptop sales will be great but with the Vista confusion and wait and see possibility for the iPhone, I think the best Apple stock does is mark time.

I am deploying some of my capital elsewhere and will am taking some long-term profits in the stock. Pigs get fat as they say. I am still long Apple

Disclosure – selling some Apple