-- He thinks there are serious headwinds to Apple profit growth going forward.
-- He bought the stock at recent low of around $510, rode it to $565 and shorted it again at that price.
-- He also thinks that Apple will be range bound until the year-end. He thinks the recent sell-off is a result of people taking huge profits to avoid increased capital gain taxes next year.
-- Apple is not investable, and fundamental concerns are valid.
Credit and source: CNBC, www.cnbc.com
Here is the video: