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10-06-2011, 01:00 AM #1
AAPL sans Jobs
Steve Jobs passed earlier today. AAPL is down 0.27% after hours. Does his death trigger a massive swing either way? Will AAPL be ripe for the shorting?There are only four sports: bullfighting, motor racing, mountaineering, and troll hunting; all the rest are merely games.
10-06-2011, 01:02 AM #2
I dont think so. It was known that he was unfortunately going to pass, plus the succession plan is already in place. It would have been different if he was fine and died in a car crash.Current ride: 2013 991 C2/Platinum Silver/Black/Platinum Carrera S Wheels/Sport Design Wheel/Moonroof/PDK/Premium Pkg/Bose Sound/PDLS/Sports Chrono Pkg
10-06-2011, 01:15 AM #3
Doubt it, the succession plan was performed flawlessly. I think a larger impact would have occurred if he showed up to the event this week. Tim can and will successfully run the company.East bound and down, loaded up and truckin',
we're gonna do what they say can't be done.
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10-06-2011, 06:19 AM #4Senior Member
- Join Date
- Sep 2011
- Sydney, Australia
He hasn't been CEO for a couple of months now. I don't think this will be a big deal for the stock.
For the world though, we lost a great, great man.
10-06-2011, 06:56 AM #5
10-06-2011, 05:39 PM #6
while no short term effect, in the long run, apple won't be the same without him. may he rest in peace
10-06-2011, 09:41 PM #7
who knows - it might actually be a lot better. a genius in product design? sure. but his closed systems stifle innovation within and outside the company imo.
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10-06-2011, 10:50 PM #8
AAPL doesn't build products for analysts and wall street, they build them for everyone. Take this info for what its worth and make your own decision...
high-level look at insider trading at Apple Inc over the past 12 months. A total of 462,869 shares of Apple Inc stock was sold by insiders, totaling $152,741,391. Over the same time 12 month time period, no shares of Apple Inc were purchased by company insiders.
Apple Inc (AAPL): $1,133,198 of stock sold by Jeffrey Williams; 1 Additional Transaction
and I chuckled a bit reading this comment...there are really more pressing issues in the finance world to be concerned with than Apple sans Jobs.
Apple's market cap: 353 billion, and people are leaving flowers and notes for Steve Jobs at Apple stores. Bank of America's market cap: 62 billion, and people are marching on its offices in protest. Capitalism- it can be done right, but most of you are doing it wrong...