Apple Traded Two Times Normal Volume

Apple is trading close to 27 times next year's numbers. The stock buyback helped, and I think the fact that as much of a disastrous Qualcomm was, people said, wait a second, Apple's going to fall victim. They probably got themselves off sides. And that's what we're seeing today. Traded two times normal volume. It's a great reaction. But maybe it should trade at a premium because it is a sense of nature that it has in this kind of market where people are looking for relative safety.