“In order to understand the magnitude of Apple’s loss in market cap, you really need write it out: $250,000,000,000 – the amount of share holder value that has been lost under Tim Cook at Apple (AAPL) over the past 8 months,” Bill Shamblin writes for Seeking Alpha.
“As a close observer of Apple (and a share holder), it’s difficult to describe the frustration of the last 8 months. On the one hand, here is a company, that by most measures, is performing exceedingly well, after all Apple is the most profitible company, In The World,” Shamblin writes. “Now consider this – Apple earns the majority of the global profits in personal computers, smartphones, tablet computers and mobile applications. Yet the company has lost over 40% of its value.”
Shamblin writes, “While Mr. Cook has shown indications of “being his own man” with the announcement of a dividend and stock buyback in 2012, it appears the current CEO doesn’t fully appreciate the extent to which market perception has shifted for Apple… It is time for Mr. Cook to demonstrate leadership by addressing this uncertainty head-on. Any short term rebound in Apple stock price is likely contingent on Tim Cook’s willingness to embrace company policies that are far removed from ‘What Steve Would Have Done.’ Right now the market is communicating clearly that it doesn’t trust Mr. Cook’s leadership. It is time for Mr. Cook to demonstrate to all of us why the market is wrong.”
Read more in the full article here.
MacDailyNews Take: Funny, we didn’t hear anybody complaining about Tim Cook last September as Apple went parabolic nearly a year after Steve Jobs’ death. Patience, padawans; not much longer now.
[Thanks to MacDailyNews Reader “Mark T.” for the heads up.]
What’s a quarter trillion among friends?
It is time for Mr. Cook to demonstrate leadership by addressing this uncertainty head-on
For example:
Tim Cook: All the ‘uncertainty’ of the past 9 months has been bogus invention by manipulative Wall Street parasites. Apple refuses to respond to purveyors of bad biznizz and deceitful market analysis. Let the market choose to do what it will, Apple continues to thrive as the single most creative company on the planet. We will continue to do so into the distant future. That’s a certainty.”
Tim, you’re free to use my words. Just give me an attribution in the footnotes of your speech. 😉
… or Cook could actually roll out a substantially new product, update aging products that haven’t seen a feature refresh in over 4 years, and actually have them in stock for sale when he says they will.
Words or action, which do you think investors cue in on most?
The real reason stock value has eroded back to what it was when Cook became CEO is because he personally has added no value to the company. Apple was on a tear when he stepped in, and he immediately went into coast mode. No new products that weren’t already in the pipeline at all. THAT is why people are questioning Cook’s ability to lead. Because he hasn’t done so yet.
Dear Mike, If only you hadn’t ruined your reputation and proven yourself to be a troll, I’d care what you have to say. Oh well. 😯
You’re the one doling out the attempted personal attacks here, Derek. You can’t seem to make points with facts, so you resort to juvenile behavior. Thankfully the adults here can see through your BS.
MARKED TROLL. Tattooed on his bum.
Derek, you are rapidly rising to the top of the “most juvenile internet users” list.
If MDN boards had any useful moderation, you’d have been canned long ago for your uncivil off-topic discourse, foul language, and personal attacks. Why do you bother?
Derek feels justified in squirting his literary skills to down grade others. He takes joy in feeling righteous to choose to cause anarchy with what he flavours himself as being with a positive spin. Derek takes advantage of this unenforced arena to spatter judgements he chooses to cast. He disrespects the opinions of others. He attacks others in this way when he believes you have no value posting a comment.
In my best attempt at honouring his fun filled pointless attacks — Derek in deed is a fart smeller whom loves polishing turds. Lol, now let us rejoice and accept him for whom he is.
oh and btw Derek I am also Walter White, Sam Spade, WaterFalls2013… just to be fair
its called choice
Mike, I actually ENJOY being juvenile and hateful to the juvenile and hateful. Consider me the anti-troll. As I often state, the point of troll trampling is to infuriate the infuriating. To anger the anger inducing. To FUD the FUDers. Are you getting the clue yet? Are you getting that feel of masochistic glee yet that someone loathes you and wants you to suffer for inducing suffering in others? I’m remarkably creative at it. You’re in the best of hands. Now put on these manacles…
Honestly you have no effect – (its apparent by the number of votes – the people have spoken – rather CHOSEN – comprendé?) and as Mike said, why do you you bother?
The reason is as I said, you enjoy it. You are not making positive efforts here by deciding who you feel is a troll. You are a rebel without a cause. A child who seeks attention – be it negative or positive – deliberately and misguidedly passing judgement on others – in attempts to deflate over their opinion. Its fine to criticize and debate Derek. Its good to challenge or question another persons view point – even offer clarification and optional paths – BUT to blatantly label people – classify them – put them on trial without understanding? Congradulations, You are a Zunatic. <— choice again made. How liberating…. ahhhhhhh.
Look at you! Why do I bother?
Because I got you all hot and bothered, haven’t I.
√ Success.
Sorry Derek, I have to agree with Mike here, i share the same view point – Cook isn’t performing well. Call me a troll too for having an opinion. For seeing positive times ahead without Cook. Maps was not so awful for a first showing, but Cook blames Forstall. And his actions removing a key iOS player to the wild was irresponsible. If Jony and Scott cant play well together Cook should find a solution… firing was not the right choice. Again IMHO.
This is about priciples. Apple should stay focussed on innovation in products and the customer experience. Period. Any distraction to use capital to pay out the greedy investors is wrong. If the share price goes up, you win. If it goes down, you loose. If you don’t like Apple: then sell. But stop trying to rob the company of its cash. They should invest that in the company, not for paying shareholders.
I’m sorry, Frank, I think you missed it.
In fact you ALL missed it. 😉
THE VALUE OF STEVE JOBS = $250,000,000,000
Had nothing to do with Tim.
Steve’s passing finally hit home…
Well – given that Cook oversaw an increase in value of around $300 billion in the year following his official investiture as Apple’s CEO – anybody who got into Apple prior to September/October 2011 is still ahead of the game, albeit to varying degrees.
Piece of writing writing is also a excitement, if you know afterward you can write otherwise it is complicated to write.|