Not, selling is temporary at best. Those that sell will regret it later. Emotions only is not the way to trade or invest. Remember Apple sells at 11 times 2012 earnings, less than 10 once you back out cash on hand. Jobs departure has been anticipated for couple of years now. The prospect of Jobs leaving has put a damper on the stock price for some time now. It should be north of 450 by now. Expect short sell off and then back to fundamentals
don`t you know that AAPL could just run itself and would make nothing but money for years to come.
At 350+ it`s very inexpensive.
People are soooooo stupid at times. Cook is just the right man and the roster of visionaries in this company is several level deep.
Jobs is replaceable, because no company can grow to the size AAPL is, on the back of one man, no matter how visionary.
Yeah - Apple has recruited some of the top people.
It is harder to get into Apple than into Harvard. They have some of the brightest minds on the planet. I will not even talk about the 70 billion + cash.
But, short on emotion. It will be up again on logic.