“Last year, Apple, one of the Four Horsemen of the Nasdaq, was a superstar, going up no matter what happened elsewhere in the markets. This year, it has not been so fortunate,” Tim Melvin writes for RealMoney.com.
“In comments today, Jobs blamed the price decline in part on the actions of an unnamed hedge fund. Those unnamed hedge funds get blamed for a lot of things these days and have been cited as the cause of virtually every problem in modern society. As it turns out, this time it just might actually be their fault,” Melvin writes.
Much more in the full article here.
[Thanks to MacDailyNews Reader ” JES42″ for the heads up.]