RIP. most people will be lucky to have half of the impact he has had on society as a person, a manager, a computer engineer and innovator. however, all the money in the world cannot save you, this is why we ski. god bless and long live the king
ADDRESSING THE STOCK SPECULATION
as for the stock, aapl has tremendous value in their shares already and has more projects on the books still to come to promote their P/E, despite the recent pull back (profit taking above 400 range) in shares they will not slow down their innovation or their closing their market share gap v. windows. you better believe those employees love that man and will work perhaps even harder now in his legacy. yesterdays 3.7% rally off the bottom on the SPX already touched the 200 day moving average (for aapl) which for traders and investors alike is very important (how much farther do you want it to sell off without seeing sales effected?) buy the weakness in price on any pullback you can find...
long term aapl shares are a buy in my book as well as many hedge funds throughout the country. they present a compelling argument for market share growth against windows/ android and MASSIVE potential in EM's, absolutely massive like you have no idea. just wait for icloud computing, apple tv, iphone 5, and the introduction into asia markets with aapl products where 65% of aapl profits comes from iphone and ipad sales, and virtually no one in china owns a computer all the more reason that they will have an iphone or ipad in the future or why they "already do" thanks for reading and good luck if you plan to short it, markets already been absolutely pummeled for the last 6 months.
sorry for all the text, but it bothers me to see people saying sell the stock. absolutely wrong call to be making here.