A look at the last month shows that AAPL is lagging behind other big layers and the NASDAQ index :
I see :
– an upcoming tablet from Apple
– the expansion of mobile internet & smartphones. Competition will rise, but so will the selling of Iphones
– the chart shows a confirmation rise above the 50d MA
– a break trough the november highs, followed by a pull back to test that level again. Then a rebound after the first Keynote of 2010.