“In a private communication last week, Apple chief executive Steve Jobs acknowledged the beating his company’s shares have taken during this time of economic uncertainty, but remained confident that investors would again see rewards for their loyalty in the long run,” Kasper Jade reports for AppleInsider.
“‘Wow… what a remarkable last few days,’ he wrote in an email to employees, a copy of which was obtained by AppleInsider. ‘Our stock is being buffeted around by factors a lot larger than ourselves,'” Jade reports.
“The Apple co-founder expressed sadness for many of the company’s investors who may have seen their investments fall under water, but encouraged those with positions to put the matter into perspective by examining the performance of Apple shares over the past 24 months,” Jade reports.
“‘I believe that investors who stay with us will be rewarded as the market’s confidence is restored over time,’ Jobs wrote. ‘Hang in there.'”
More in the full article here.