Tuesday, December 15, 2015

Here Is A Possible Reason Why Apple Was Down Almost $2 In An Up Market Today While Donald Trump Went Up In The Polls


Donald Trump never admits something is wrong with him, his family, or his politics.  He describes each and anything as The Best, The Perfect, The Next Great Thing.  He brags about everything, his family, his buildings, his fortune, his chances to become our next President.  He seemingly can sell anything to anybody.  Even sell You-Know-What.
Now we turn to Apple.  Makes of products all of us carry in one form or another.  iPhones.  iMacs.  iPads.  iWatches. Millions and millions sold and used.  Close to $2 Billion in the bank.  Profits rolling in daily.
Yet daily the company is criticized in the media, meanly.  And all the while Tim Cook, the CEO, appears to be a sideliner. When was the last time, if ever, he appeared on CNBC to extol the numerous virtues of his company?  The guys from Starbucks and Macy's and Tesla and GoPro are virtually cast members but where is Apple?
Here is what Cook told Jim Cramer back in October:  "As you know, we don't give mid-quarter updates and we rarely comment on moves in Apple stock," Cook wrote. "But I know your question is on the minds of many investors."  He then continued to explain that the question of China sales was relevant and be assured he gets reports everyday.  Note that he wrote to Cramer in an email.  Why not go On Air so the company has a face?
Any public company needs a public face.  Where is Apple's?

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