The luster is finally falling off of Apple, and in the end they were just a hardware provider, who provided products which will easily be commoditized as we noted previously. Every spike in Apple will be heavily shorted into as margins compress for the next 4 years plus, i.e., eternity. RIMM says welcome to my world Apple, your hell is just beginning.

If Apple couldn`t blow out numbers with their signature product, in their holiday quarter with an imploding stock price, forget about it, all downhill from here for one of the most overvalued stocks of all time.