The Thrill is Gone Thursday – RIP Steve Jobs

It's very hard to get enthusiastic about the markets on such a sad day.

I'm reporting from Las Vegas this morning so I'll keep this brief as I'm a bit behind already.  We have a couple of good articles to mark his passing on the main page so I won't make this another one – I'll just repeat what I said to Members last night:  He was our Willie Wonka of gadgets – showing us new and wondrous things that he clearly made for his own enjoyment but was kind enough to share with us and smart enough to make a fortune doing it

As to AAPL's stock.  Steve's death is long priced in and the stock would be at least $500 if he were still alive and healthy.  If Tim Cook can prove that AAPL remains on track this quarter and next, we will see AAPL move that way this year.  I would say buy on the dip but, looking at the pre-market movement – I don't think there will be a dip past the one we're already seeing. 

 

 

 

 

 

IN PROGRESS

 

 

 

Would you like to read up-to-date articles on the day they are posted? Subscribe by clicking here.

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!