Not to mention the fact that sentiment appears lower than its been in years. Blame it on slowing iphone sales or the watch, which hasnt been as big a blockbuster as some people had hoped. Ceo tim cook asked about it on 60 minutes sunday night. When we launch a product, were already working on the next one. Possibly even the next next one. So josh, you got cook on tax policy, you have sentiment negative. You have apple consistently defending the pipeline. You own the stock. Whats wrong with apple . Why are we talking about it over one month, a year, since the high is being down double digits . People forget, this is a stock thats prone to the sale cycle of new products like any other in history. When they do have a cycle, the stock acts very well. In the back half of a cycle, theyre just iterating old products, doesnt act quite as well. 2012 is a great year to re re reference. Were talking about this concept. 2013, rather. The russell 3,000 was up 40 and apple was flat to down the entir
And of course, the latest lightest volume of the year yesterday, and the fed may respond to dday later at the fe meeting. And today, the publisher newspaper business, the post and can he do for papers what he has done for books . And the big black and blue ibm shares falling under Credit Suisse. And michael kors up strongly after sales, but American Eagle outfitters are losing altitude after issuing a profit warning they post in a couple of weeks. Meanwhile, a stunner the world of media, Washington Post selling the Newspaper Publishing businesses including amazon to jeff bezos, and Julia Boorstin has more on that blockbuster deal. This news took everyone including editors and writer at the post by surprise. The Washington Posts Company Whose name will change saw the stock rise with caplan tech being sold and now what the billionaire icon plans to do with the newspaper. Jeff bezos stressed what a newspaper plays in a free society, and he says that the newspapers duty remain s s to reade