Two Ways To Play: Sour Apple
Apple's Uncertain FutureApple (AAPL) recently announced CEO Steve Jobs' leave of absence but the sudden departure couldn’t come at a more challenging time. According to the Wall Street Journal the company is facing major headwinds as the macro picture continues to deteriorate.With consumer spending dropping at a record pace and sales of its Mac products and iPods slowing investors are questioning how resilient the company is as it navigates through this downturn. The company reports its fiscal first quarter results next Wednesday.See Minyanville’s President Kevin Wassong’s perspective in Apple’s iFib. From the Bull Pen: Apple was a buy yesterday ...
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