Steve Jobs Resigns

Apple has fewer than 5 stores in China:

Enough said.

 

Outstanding logic.

You've convinced me, certainly.

Then why do you keep posting?

 

What does $30 billion a quarter sound like?

I can call it three hundred hundred million. Thirty thousand million. Thirty Billion. Thirty hundred hundred thousand. Three tenthousand million.

Nah, how about 3*10^10 or three times ten to the tenth dollars.

 

would rather own it lower

 

Cuz he knows as well as everybody that Jobs is Apple. Without Jobs, Apple is Microsoft without Gates - just another big tech outfit.

Actually, MSFT even with BillG was heading down the tubes worse than Apple was with Jobs under the weather. Yet there is that nature of corporate America to undo the special something that Apple and Microsoft had.

Unless Jobs groomed a successor, Apple is doomed to become a middle aged company much like Microsoft. . On the upside, it means that maybe Google can move on in. Or somebody else - eventually we'll have a new upstart to dream of.

 

Was watching fast money today and this is what Joe T. said as his final trade of the day!

Looks like apple has to run $50+ bucks in the next 2 weeks, maybe he was long....

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Hope no one is stuck long apple here. This could be bad for the funds that are heavily invested in apple...

 

Good call by Joe. Another lousy call by S2007S. Seriously dude, give it up.

 

Surely the company was based on the creative genius of more than one person!