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Well, shareholders may fear that some conservative consumers will want to boycott Apple because of that announce. Not completely illogical. Or they think that
by eloisant 12y ago
Well, shareholders may fear that some conservative consumers will want to boycott Apple because of that announce. Not completely illogical.
Or they think that other shareholders will think that and lead to a drop in the share value.
- rjtavares 12y agoI appreciate the market's crude honesty in evaluating the business impact of events, and I understand why a drop would happen. However, I hope that people aren't evaluating the business impact of this information at 6B, and that it is only a sad coincidence.
- atonse 12y agoApple, among other tech companies, has been championing gay rights pretty publicly for a few years now. Also they've had quite a stance on renewable energy and rebuffed investors that were climate-change deniers. I think the type of people that would boycott Apple over this, have already boycotted apple over the other things.