Stock prices for companies like Apple have little to do with fundamental value. Prices are based largely on the trajectory of the company's success in the recen

Stock prices for companies like Apple have little to do with fundamental value. Prices are based largely on the trajectory of the company's success in the recent past. Apple has done some outstanding things in the last five years. There is not a tangible failure they have had that would make the market think this history of success would not continue, except for the resignation and passing of Steve Jobs. I think you will see a major reduction in price when Apple makes its first significant mistake in the post-Jobs era.