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Apple's iPad Mini Is Just Like Pizza and Sex

Stocks in this article: AAPL GOOG AMZN

This is all short-term noise -- iPhone 5, iPad Mini, the Christmas shopping season. None of it matters vis-a-vis Apple's long-term narrative other than the extent to which these things influence the company's path to the next big, independent of Steve Jobs, product launch.

AAPL will trade on everything but that actual future until we get some meaningful color on it.

We'll get the now obligatory over- and under-reactions to earnings, rumors and this noise or that noise. But, not until Tim Cook takes the stage with something new will we have anything close to a handle on the veracity of $1,000-plus price targets for Apple's stock.

At the time of publication the author held no positions in any of the stocks mentioned.

This article is commentary by an independent contributor, separate from TheStreet's regular news coverage.

Rocco Pendola is a private investor with nearly 20 years experience in various forms of media, ranging from radio to print. His work has appeared in academic journals as well as dozens of online and offline publications. He uses his broad experience to help inform his coverage of the stock market, primarily in the technology, Internet and new media spaces. He has taken a long-term approach to investing, focusing on dividend-paying stocks, since he opened his first account as a teenager. Pendola, 37, is based in Santa Monica, Calif., where he lives with his wife and child.
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