Apple is pretty cheap, I would buy more and hold at least for this year. Ipad 3 came out, it was a major hit. Futher down the pipeline there is the Iphone 5 and then Apple TV, which I know will be great hits.
100 billion in cash, and generating more, healthy profit margins (unheard of really), and unbeatable brand I may not even buy a car and hold until I can buy a house with my apple profits.
People in China are selling their kidneys for an Ipad, the hidden dragon is China, and they want stuff Apple is making, and that market is yet to be fully tapped.
Apple is trading at 17 times earnings, with less than a 2% dividend. I like the management and wide economic moat.
Sometimes it is best to ignore all the noise and look at the fundamentals...