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Consumers' Sinking Confidence and Apple's Withering Stock Value
Posted by Bob on: 02/17/2008 01:24 PM [ Print | 0 comment(s) ]
It was Jan. 23, and Apple shareholders were dismayed with the company's forecast for the current quarter. Apple stock was having its biggest-ever one-day decline in dollar terms, and Chief Executive Steve Jobs felt a need to reassure the troops. Hang in there, Jobs wrote in an e-mail to employees. Our stock is being buffeted around by factors a lot larger than ourselves.
Consumers' Sinking Confidence and Apple's Withering Stock Value
Consumers' Sinking Confidence and Apple's Withering Stock Value
