But it's not his fault....He's just another incompetent CEO. I should have known better....It's my fault! Never again!
I thought the same... then the light went off in my head. It is really a brilliant marketing strategy to market the 5C to KIDS, the largest growing segment of "Buyers" of phones. It will tether the kids to Apple in the long run and make generations of apple loyal customers.
sell the news...big guy
same thing happened with Jobs on announcement days
most of the time
this time got the double whammy of no China Mohak
still, on these announcements it`s SELL the POP on the day
and wait at least a day to buy back in
that has been the percentage play for some time
Icahn said he thinks Apple CEO Tim Cook is doing a "very good job" of running the business, but he continued to stress that Apple needs to put its $147 billion in cash to work and buy back more shares.
He said a "big buyback" would be a "major plus" for the company, also calling it a "no-brainer."
Icahn's words typically carry some weight. The famed activist investor has made a name for himself over the years, and shares of Apple enjoyed a so-called iCahn rally after he announced his investment last month. Shares gained nearly 7% in the two days following his tweets.
But it remains to be seen whether Icahn's support for Apple will have a similar impact again.
Oh please...Tim Cook does nothing to manage expectation....The best he could do are these inane colors...Oh my gosh! Are you kidding me? Let's say you were to do just colors why not cool adult colors like navy blue, maroon, dark green or metallic colors with holograms?...Who is he appealing to? Smurfs? Kids just want bigger screens to play games and watch videos...They can buy a case for colors....In any event this is not difficult to replicate and should not have taken 12 months....