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Rx for Apple: The 4% Solution
Friday January 25, 2013 7:37 am PST by Ben Lovejoy. The 10% drop in Apple's share regard following the company's earnings release earlier this week was not entirely the fault of Apple, Fortune suggests, but rather that of overheated analyst predictions.
Friday January 25, 2013 7:37 am PST by Ben Lovejoy. The 10% drop in Apple's share regard following the company's earnings release earlier this week was not entirely the fault of Apple, Fortune suggests, but rather that of overheated analyst predictions.
Either go could help Apple shares, which tumbled 12%, to near $440, last week, 38% below their record high of $705, hit in early September. Apple is the S&P 500's largest percentage loser this year. Apple (ticker: AAPL) looks low-cost, despite analysts'
He long ago made Apple one of his hedge fund's largest holdings and in a letter dated just two days ago Einhorn told his investors he had bought more Apple shares as the price declined late last year. “We used the lower prices as an opportunity to
Apple's stock opened trading Thursday down $55.27, or 10.75%, to $458.73 as investors reacted to a first-quarter earnings report that was deemed disappointing and the company's reduced outlook for growth. The trend confirmed the beating Apple's stock
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