Apple (AAPL) Shareholders Urge CEO Cook to 'Shut Up, Please'
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AOL's (NYSE: AOL) Huffington Post is out with a beautiful observation of Apple's (Nasdaq: AAPL) Tim Cook catching a little "Obama Syndrome." That is, the more he talks, the lower a selected item he's backing goes. For Obama, it is the U.S. stock market. For Cook, it's Apple stock.
The HuffPo piece goes back to October 23, 2012, when Apple held its launch event for the iPad mini. Shares opened at $631.36 and closed at $613.36. The observation then moves through February 27, 2013, when Apple held its annual meeting. The stock opened at $444.57 and closed at $448.43.
HuffPo could have also done something on the iPhone 5 event held September 12, 2012, when Apple opened at $666.85 and closed at $669.79. Shares did move a little higher to the all-time record of $705.07 on September 21, 2012, but that's when the descent started as some began questioning Apple's supply issues and overall demand for the device.
In any case, Apple stock is still higher from when Cook took over as CEO in August 2011. Shares were trading at $370 back then and Cook has spoken many times since taking over. Into the open, Apple is down about 0.7 percent.
The HuffPo piece goes back to October 23, 2012, when Apple held its launch event for the iPad mini. Shares opened at $631.36 and closed at $613.36. The observation then moves through February 27, 2013, when Apple held its annual meeting. The stock opened at $444.57 and closed at $448.43.
HuffPo could have also done something on the iPhone 5 event held September 12, 2012, when Apple opened at $666.85 and closed at $669.79. Shares did move a little higher to the all-time record of $705.07 on September 21, 2012, but that's when the descent started as some began questioning Apple's supply issues and overall demand for the device.
In any case, Apple stock is still higher from when Cook took over as CEO in August 2011. Shares were trading at $370 back then and Cook has spoken many times since taking over. Into the open, Apple is down about 0.7 percent.
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