Apple $AAPL is officially in correction territory, down 20%. Expect a bounce as bottom fishers - wannabe value investors - nibble at the bottom. Here's the problem:APPLE is the NEW NOKIA Products are similar to competition yet they carry a big premium... imho with next generation of mobiles to come competition will be ahead (Samsung S9 was already slightly ahead for 300$ less....). Difficult to charge a premium price to consumers for an inferior productvia user @pitx3...iPad, Macbook Pro and Air are all stale. Services is a cash cow. As long as those iPhone fans pay the monthly and buy up apps, Apple is laughing all the way to the bank. There lacks any Android premium alternative. iPhone upgrade cycle is safe. Still, once the competition realizes premium is out and mid-tier pricing is in, Apple cannot rely on hiking phones to $1000 - $1500 to sustain profit margin.Apple = New NokiaAgree or disagree?