Thursday, January 15, 2009
Investors a Little Jumpy about Apple
Posted by Jeff Campbell in "Apple News" @ 12:00 PM
"Apple shares plunged 10.8 percent a share in after-hours trading Wednesday, after the company announced CEO Steve Jobs would take a medical leave until June."
I guess this was to be expected, coming on the heels of Steve Jobs announcement, but from everything I've read regarding this, pundits and "investment experts" still believe Apple is a buy and a great investment. This type of news would be alarming if it weren't about a company like Apple, in my opinion, since they seem to have been prepping for the eventual passing of the torch for some time. Good companies prepare for all kinds of contingencies, and while I hope Steve Jobs is going to be with the company for years to come, it sounds as if Apple has set the groundwork. At least that is what the "experts" believe.