they were questioning the sale of AAPL products? Does cnbc actually think that AAPL will sell less IPODs or whatever other products they sell because of a stock option probe related to AAPL Did anyone catch this around 3:30.
Today is "AAPL option scandal" day for them. Seriously, who cares about what these paper trading morons have to say? Shouldn't they be running money if they are so smart?
We switched from CNBC to Bloomberg a year or more ago, FWIW. I'll tell you what, the "Board" better be careful on how they handle Steve Jobs with all of this. Without Mr. Jobs, there would be no AAPL these days, IMO. Of course he shouldn't have done anything wrong, if he really did, but the Board coming in at this late date is a bit foolish. And, you're right about the "scandal" affecting stock prices .. check out HPQ stock price this year after the "scandal" with Pattie Dunn. HPQ hasn't seen $40 until recently. Don
I think AAPL is heading back to the 70s soon. <img src="http://www.alchemyoftrading.com/images/sce/aapl%20%20mc8.gif"
It's definitely at a pivot point right now. It could go either way, but I don't think it will do much since earnings are only a couple of weeks away.
earnings will either drive it past 100 in the 1st qu of 2007 or sell it off into the upper 60's to lower 70's area. If steve jobs was to leave AAPL you would see the stock most likely drop 10-15 bucks in one day.
http://www.cnn.com/2006/TECH/internet/12/28/itunes.slowdown.ap/index.html Music denied -- shoppers overwhelm iTunes SAN FRANCISCO, California (AP) -- Swarms of online shoppers armed with new iPods and iTunes gift cards apparently overwhelmed Apple's iTunes music store over the holiday, prompting error messages and slowdowns of 20 minutes or more for downloads of a single song. Frazzled users began posting urgent help messages Monday and Tuesday on Apple's technical forum for iTunes, complaining they were either not allowed into the store or were told the system couldn't process their request to download songs and videos.