re: AAPL getting crunched this morning, down almost 6%

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Second, the mobile/online transaction and business community should salivate at the new biometric fingerprint security.

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This shouldn't affect the stock. It will be the iPhone 7 before there are enough TouchIDs out there for merchants to start paying attention. That being said, I think the 5S will end up surprising people.

1) The lack of preordering will manufacture the "people waiting in line for iPhone 5S" stories. News channels like those stories as much as police chases.

2) The Gold version is very distinct. We know the Apple Brand attracts the status seekers and this will be a status phone.

3) The Camera is the real story of the 5S IMO. It may not be the best camera phone, but it's an incremental improvement on something that a very large amount of people use their phone for. Instagram is up to 150 million users.

3b) Releasing the iApps for free will be pretty big as now people get iPhoto and iMovie free. I'm not saying that's unique to iOS, but giving people these kind of tools standard is really necessary the way phone use is headed.

I follow companies, not stocks, but if the stock is down because they think the 5S will be bad then I think the market is underestimating it.