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New CEO Tim Cook (L) and former CEO Steve Jobs (R)
No Steve Jobs? No problem!

When Steve Jobs announced that he was resigning as CEO of Apple last month, many wondered how the market would respond to the news. With Tim Cook at the helm as the new CEO of Apple, investors need not worry -- in fact, Apple's stock is performing better than ever.

AAPL hit a high of $411.85 today and is now hovering around the $410 mark with just under an hour left before trading ends today. The stock is up 2.4 percent today while the overall market is down 1.28 percent. 

Apple Inc. now has a market cap of $380 billion compared to $355 billion for Exxon Mobile Corporation.





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RE: Wow
By Brandon Hill on 9/19/2011 7:38:53 PM , Rating: 2
I thought the correction would come when Steve Jobs bolted... I guess not.


RE: Wow
By silverblue on 9/20/2011 2:45:11 AM , Rating: 2
You just know that he'll be back if it gets bad enough at Apple... imagine the tagline - "The Magic Is Back Again."

Whoops, that's Lethal Weapon III.


"Paying an extra $500 for a computer in this environment -- same piece of hardware -- paying $500 more to get a logo on it? I think that's a more challenging proposition for the average person than it used to be." -- Steve Ballmer













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