Sigh. The stock is at record highs because Wall Street sell side analysts think this year is going to be another iPhone 6 like year (which they've come up with the stupid "super cycle" name for it). Then next year the stock will drop when the rumors indicate an "s" type upgrade and the sell side analysts get worried about tough comps. Heck the stock will probably drop today because Samsung is announcing their new phone and the tech media is hyping it like crazy.