... maybe we should wait for all the doom and gloom predictions to actually come true. So far it is only the stock price that suffers, not revenue or profit. When their yearly profits are consistently down, then we maybe can assess Cook's performance.
After reading your post and responses, I'm going to stop reading these message boards.
You are absolutely right. And I am grateful to TC for not doing anything yet and letting the stock sink lower on the irrational behavior of Wall Street. It's an incredible long term opportunity. If he had acted months ago it may never have dropped this low. AAPL is the first company in history to generate 40 billion dollars in yearly profit and be priced for BK.
Leighnyc, u're right. Not that apple doesn't make ENOUGH profit or would not develop better product tomorrow ....the problem here is that we have made profit but AAPL refused to bring it out nor invest it for future profits. If we cannot gain from already made profit, why helping them make more?
Price of Apple stock cannot possible affect Apple's financial standing. Price of the stock being low doesn't go a company to go bankrupt. Who cares if some idiot market participants decide to sell their stock to other clever market participants at such ridiculously low prices?
Remember when Google had a few bad quarters just a year ago and was trading under 500, everybody were talking about management crisis there?
Poppycock SA. This is not a penny stock that people can fidget up and down with. A person buys Apple for an investment....to get a nominal return on the extraordinary cash outlay for 100 shares. Even now, 100 shares is more than I make in one year. People who put their money in Apple do so to profit. In this economy, long term is good but short is mandatory. Are you aware that we're in a recession? Such a cavilier stance makes me curious as to whether you're an actual shareholder.