For Apple, No News Is Bad News
by Markos Kaminis
There's a common saying that "no news is good news," which forebodes of the potential for bad news arriving in certain circumstances. However, in Apple's case, investors have anxiously awaited the good news of a new product introduction. Instead, the news emanating from Apple (AAPL) has tended to tell of its shares falling another several dollars. The drop from $705 has been precipitous, and it has marked a dry spell in the company's modern innovative history. The company which had become known for surprising investors with disruptive technology suddenly has investors questioning whether it can do so anymore. With each passing day, as corporate events bore shareholders and industry conferences disappoint investors, the shares soften. This indeed is a period in which no news is bad news for Apple. read more »
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