this price collapse.....I have been bashing CNBC and Cramer but I think they are being paid by Apple for the bashing.....Apple needs the price to come down for the stock buybacks.....just like any investor Apple wants to buy low...question is how low.....I hope I am wrong.....always had Apple on a pedestal.....Citi analyst lowers the price target AFTER meeting top exec's......sounds like this is a coordinated effort controlled by Apple.....if the stock is down for the next few days I will sell and wait to get back in until the paid hoes at CNBC start talking it up again
That #$%$ sucker tim cook needs to get off his rich #$%$ and start acting like a CEO that reports to shareholders and not some idealistic dumb-#$%$ that thinks that going against the corp. grain is cool. That #$%$ is so #$%$ old - if he's so anti-main stream, then give us shareholders your money timmy. pull your head out of your #$%$ and start working on what matters (and its not some piece of #$%$ modern - multi billion dollar building that you can put your name on). I swear to god - how do dip #$%$s like this guy rise to the level they do - and people wonder why things have become so screwed up @ Apple???
so you think a company would do all the harm to itself just so they can buy back cheap shares? how old are you? A company thrives to increase their share value. Your statement defeats the core value of any company.
that sort of thing might happen if a company wants to go private and needs to lower it stock price so they can buy it cheaper. I don't think apple is going private. Lots of people and investors lost money on this downturn, so apple have burnt a lot of people with their shareholder unfriendly ways so it makes no sense for them to burnt their own shareholders just so the company can buy it back cheaper? so they can then burn another group of shareholders when it goes up again? lol...
management needs to sell $50 billion in debt notes and buyback 25% of the float. but they are stupid. the board needs to whack oppenheimer and replace him with the new guy from xerox that they just hired. do it!