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Print 38 comment(s) - last by mindless1.. on Sep 22 at 6:33 PM


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: Sell Time
By michael2k on 9/22/2011 12:05:17 PM , Rating: 2
What are you talking about? The cost to have an Android phone is the same as an iPhone, since data is data and voice is voice.

The up front cost may be higher, of course, but that's always been the case for Apple products for decades, and it hasn't hurt them at all.

If an iPhone owner is thinking to themselves it's expensive, so would Android and Windows Phone users, too.


RE: Sell Time
By mindless1 on 9/22/2011 6:29:58 PM , Rating: 2
Android and Windows 7 phone manufacturers won't be able to charge a premium for those in the future either.

The "cost to have"? You mean use. That's entirely up to the owner. You can't really make a reasonable comparison like that, it would be like suggesting that if a $100K car and $20K car get the same gas mileage, that they cost the same "to have".


"We shipped it on Saturday. Then on Sunday, we rested." -- Steve Jobs on the iPad launch














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