Anyone looking to blame Apple's share price decline on Steve Cook is woefully mistaken. Cook is an exceptional executive and a great person to run Apple. The issue with the share price has nothing to do with Cook. It has everything to do with myopic Wall Street and short term investors who dominate the share price action and are no friends to Apple. These investor types have no interest in the long term success of any company and are only interested in seeing a stock price rise in the shortest time in the immediate future. Glad to see these types of investors getting washed out.
Before you defend him get his name correct ! It is Tim Cook. If the CEO of a company is not responsible for the fall of share price, who is ? He plans and dictates the release of new products, stock buy backs, positive news release, etc.
a good leader recognizes his own strengths and weaknesses and surrounds himself with people that can compensate for his own short comings. cook doesn't recognize his weaknesses (arrogant bean counter, lack of vision, etc) and hasn't found compensating people to counter those traits. he is not a good leader.
you should shut up if you have no idea what u are talking about. AMZN is selling at gazillion PE because investors buy into Bezos' vision. Cook is a dunce, he will be out of apple by year end when the stock is below $300. Reality is mover and shakers of tech world are dominated by younger studs from likes of Google, AMZN, etc... Cook is an old geezer operations man, he is minced meat in this industry.
I agree. Stocks are manipulated by overzealous media who report the same story over and over and change a word or two to repeat the story. Often times they take an old story and make it a headlne. The machines pick up the key words and engage the algorithmic programs which buy and sell without common logic. I think this why certain shares become strangled by a persistent death spiral and are driven lower contrary to fudnamental logic. Apple currently seems to fit this theme. The company really has nothing substantive to report so they keep quiet. The silence just makes it worse...
The three analysts lowering tart=get on AAPL are known to be low performers and ar edefinitely paid to do that. They are paid a fee by a fund who will short when every one panics and buy at the bottom ... Poor people read and belive those sluts
But he is CEO he need get out act, do or talk something to defense. Don't close the door stay in office, close the eyes to let the stock falling. If he know he can't do this job just resign let board find another.
Cook should have brought out a 5" in phone last fall - that was his big mistake - it reflects on his out of touch mindset. He still lives in day when mobile phones were only phones - today they are computers. He should have known this. Instead he gave away -yes, GAVE away a huge market share to Samsung - Shows how shorted sighted a CEO he is. Future not bright at all with that kind of vision in a CEO