Apple stock selloff 'unwarranted', Wedbush's Ives says

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Go back to Apple stock selloff 'unwarranted', Wedbush's Ives says
Apple Inc. (NASDAQ: AAPL) Delayed: 319.97 -8.24 (2.51%)
Previous Close $328.21    52 Week High $119.92 
Open $328.31    52 Week Low $89.47 
Day High $328.93    P/E 7.93 
Day Low $317.86    EPS $40.37 
Volume 39,590,134