My short was at 700. I'm up ~15% where they had a P/E of ~17. I'm not too worried. Apple was worth ~$700 billion and based on future growth prospects, market s

My short was at 700. I'm up ~15% where they had a P/E of ~17. I'm not too worried. Apple was worth ~$700 billion and based on future growth prospects, market saturation, commodity competition and the squeeze currently being put on by the entire world's electronic manufacturing community backing Android on both the high/low ends and in terms of sheer volume (millions of activations per day) - I feel rather secure. Apple is being Netscape'd. No company can survive a full world supply squeeze with path dependent adoption. Even with their cash horde (which they are paying out because they literally can't use it) they can't directly confront hundreds of billions in global investment in electronics manufacturing through South East Asia chasing Apple's profits. If they do try - they'll be Solyndra'ed. Screens are now commodity (see lagging iPad). However, I've been thinking of closing up my short this week so who knows - I might buy. Investors who win are investors who think and always have the ability to change their minds, reverse direction and go all in if the fundamentals change. I don't really care either way.