macworld08 posts

Feed

Worried about Steve Jobs' health? Send him a card -- but don't sell Apple

Recently, Apple (NASDAQ: AAPL) shares sold off on the announcement that company leader Steve Jobs would skip the keynote address at the next Macworld convention. This news fueled speculation that Jobs was in poor health.

Concern over succession at AAPL has become sport of late, and it's a big deal to certain investors. Shares dropped some $15 on the news.

Shares of AAPL have fallen more than 50% since late last year, even though the company has solidified its position in the PC market, maintained its lead in digital music and introduced one of the most exciting, must-have electronic items in 2008 -- the iPhone

AAPL is THE definitive growth company, and it is positioned to do well despite a weak economy.

That strength will translate into a dominant position in the market when times are good and consumers are flush with cash.

Think about it. If people are buying AAPL products when times are tough, imagine what will happen when consumers feel more confident about the future.

Hello, I am a PC, but I want to be a Mac.

Continue reading Worried about Steve Jobs' health? Send him a card -- but don't sell Apple

Symbol Lookup
IndexesChangePrice
DJIA-74.9212,454.83
NASDAQ-1.852,837.53
S&P 500-2.861,317.82

Last updated: May 28, 2012: 01:03 PM

Hot Stocks

General Electric

19.20-0.05(-0.26)

Alcoa

8.630.00(0.00)

Apple Inc

562.29-3.03(-0.54)

Google Inc 'A'

591.53-12.13(-2.01)

Bank of America

7.15+0.01(+0.14)

Wal-Mart Stores

65.31+0.24(+0.37)

Exxon Mobil Corp

82.08-0.53(-0.64)

Ford

10.60+0.01(+0.09)

Citigroup

26.47-0.19(-0.71)

IBM

194.30-1.79(-0.91)

Yahoo

15.36+0.01(+0.07)

Starbucks

54.56-0.20(-0.37)

Microsoft

29.06-0.01(-0.03)

Home Depot

49.44-0.27(-0.54)

DailyFinance Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance

Page Loaded in 1338224625428 ms.