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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 mindless1 on 9/22/2011 6:33:04 PM , Rating: 2
I didn't claim it would happen as soon as 2012, but the difference is they are running out of *new* devices and features that people are willing to pay a premium for.

Technology gains are making the features worth the price premium, cheaper to implement and those subsets of features, while they were adopted earlier by Apple, are now going to trickle down to lower cost manufacturers.

I realize you don't understand, and I am done discussing it because it's silly, I was making a prediction and will be proven correct over the course of time without any need to prove it to you.


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