“Just another day in Palo Alto: Apple (AAPL) had a sharp gap down this morning, apparently as rumors circulated that Apple COO Tim Cook was going to be offered the top spot at Hewlett-Packard (HPQ), which continues to seek a replacement for Mark Hurd and which is holding its analyst day today,” Tiernan Ray reports for Barron’s.
“Not true, says Gleacher & Co.’s Brian Marshall, who follows Apple,” Ray reports.
Ray reports, “He called me a short while ago to say he’d just run into Tim Cook in Palo Alto, had coffee, and asked him about the rumor. ‘Tim Cook will not be going to HP, he loves Apple,’ Marshall tells me Cook told him.
Full article here.
[Thanks to MacDailyNews Reader “iWill” for the heads up.]