Apple: Is It HP All Over Again?
by Ashraf Eassa
On the surface there is an eerie, disturbing parallel between what's going on at the top of Apple (AAPL) and at the top of Hewlett Packard (HPQ), another technology giant that, by all counts, is still quite a powerhouse, albeit a mere shadow of its former glory. After Mr. Steve Jobs tragically passed, reins were handed over to Mr. Tim Cook, Mr. Jobs' hand-picked successor and a master of supply chain management. His early days at Apple were initially considered a success as the stock price rallied to its all-time high of $705 before crashing 44% to the most recent close of $390. Is it time for Mr. Tim Cook to be shown the door (or perhaps demoted to COO), or are investors simply exhibiting a knee-jerk reaction to the stock price? read more »
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