6:17 PM With shares below $600, Apple (AAPL -1.4%) bear Doug Kass has decided to take a small trading long position. Kass thinks his concerns are now baked in, and expects Apple to hold its 200-day moving average of $588. Meanwhile, Apple's traditional defenders on the Street continue praising its management overhaul (I, II): JPMorgan is relieved Jony Ive is sticking around, and RBC argues John Browett's removal was necessary in light of how he alienated retail workers. (earlier) (Read the comments on this)
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