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In 2009, Jobs was on leave from January to June with Tim Cook in charge. There was a dip in the stock when it happened, but it did just fine during the period o
by m0nastic 16y ago
In 2009, Jobs was on leave from January to June with Tim Cook in charge. There was a dip in the stock when it happened, but it did just fine during the period of his absence (if you define "just fine" as going from ~ $82.00 to ~ $142.00)
I think after it all sorts itself out, it'll be fine.
- wiredfool 16y agoI'm just not sure. Analysts have generally been clueless when talking about apple, and I don't see that changing. And now they're saying that things would be alright for 6mo to a year, no matter what. That's a code for: I'm selling first thing.
- Tyrannosaurs 16y agoThey'll sell today and tomorrow they'll see it's lower, think it's a bargain and all buy it back... These are not bright people (or rather they often are demonstrably very bright people who just hide it well with their words and actions).
- mdda 16y agoIMHO not the best example : If they can sell today and buy it back lower tomorrow, then that's pretty smart. They own the same thing, but have $$ left over.
- Tyrannosaurs 16y agoIf that was their intention then yes it's smart but it seems it's rarely thought out that far in advance. And when by "that far in advance" I mean "tomorrow" it's a bit scary.
- wiredfool 16y agoFWIW -- Even Fortune thinks the analysts don't have it together with Apple: http://tech.fortune.cnn.com/2011/01/19/apples-blow-out-quarter-the-bloggers-called-it-the-street-blew-it-2/ http://tech.fortune.cnn.com/2011/01/19/apples-blow-out-quart...