"I think that paying 28x next-year EPS is fair, even if not a once-in-a-lifetime bargain, for a stock like Apple."
With AppleCare, the company is changing the way it offers protection.
From Scott Cacciola's "An Ankle Monitor? No, That’s My Apple Watch." in Sunday's New York Times.
Read More From carpus to tarsus: A new locus for the Apple Watch

In which someone trips over PC's power cord and he hallucinates a screensaver.

There's a mention of Apple at 6:24, but in truth this is a market test. Is sharing an occasional business conversation that I find interesting OK with my subscribers?

"Apple is unlikely to hold a launch event for the device, opting to reveal it on its website instead."
"Rather than break the security promises it made to its users everywhere, Apple is likely to stop offering encrypted storage in the U.K."
Read More Apple's encrypted iCloud facing secret attack by America's strongest ally
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