AAPL disappointed investors at a recent meeting when it announced its new I-Phone models that got a collective yawn. AAPL added some innovative fingerprint technology but the general response was, “that was all they could think of in one year!”

AAPL also released a new OS for the I Phone, and last night, as I was with my daughter and some of her friends at IU, I heard some “wow” kind of comments when a couple of the girls were showing off the new OS including the new ITunes radio. Sometimes it is the anecdotal evidence that is best.

(Long AAPL)