Apple: Quit Whining About Tim Cook
by Forward Looking Guru
Apple's (AAPL) stock has experienced a 50 percent decline amidst rampant "bearish speculation" about Apple's future. Without "news" the market is driven by technicals and "rumors." Since "verifiable rumors" have yet to emerge about "new categories," the market has assumed that none are coming. Since some of Apple's suppliers have hinted that demand is weak, investors have priced in "collapsing demand." Since Tim Cook won't address "rumors" surrounding demand for current products, or plans for future product releases, investors have chosen to price in the "most bearish scenario" to discount all "uncertainty." This bearish outlook has resulted in Apple's market cap falling by almost $310 billion, and many investors calling for Tim Cook's resignation. I believe this opinion of Tim Cook says more about "Apple investors" than it does about Apple. read more »
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