“On Wednesday afternoon, Apple CEO Tim Cook addressed investors and the media at the company’s annual shareholders meeting,” Jason Gilbert reports for The Huffington Post.
“It was the sixth time in the last five months that Cook has made something like a public appearance; and it is also the sixth time in the past five months that Apple’s stock (AAPL) has closed down after Cook appeared,” Gilbert reports. ” It’s a streak that dates back to October 2012, when Cook introduced the iPad mini, and it is a trend that has gone unbroken for about five months now: When Cook appears, AAPL goes down.”
Gilbert reports, “The last time AAPL rose in conjunction with a Tim Cook appearance was in September, when Apple and Cook introduced the iPhone 5 and the stock opened at $666.85 and closed at $669.79. Otherwise, it’s been all downhill for the once sky-high AAPL each time Cook has emerged, no matter what he’s introduced, promised or offered to shareholders.”
Read more in the full article here.
[Thanks to MacDailyNews readers too numerous to mention individually for the heads up.]
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