As per my thesis, it's time to buy some shit.
I have an incredibly large cash positions for such shopping opportunities.
Let's be honest for a second, it's RATHER unlikely that the new iPhone will be recalled. The solution of a free case that fixes the signal to everyone is a good play. People will probably buy like 4 cases over the life of their iPhone. Shit, this will probably improve margins. Steve Jobs is one hell of a crafty bastard, after all.
I gotta love AAPL at this price. Target of $330.
Hat tip to @vcutrader for spurring me on a little in this nibble.
NOTE: The bulk of my AAPL position was purchased in and around $187