The main reason for the survival of AAPL after big losses quarter
after quarter is the huge amount of its cash reserves. Now, after big
charges quarter after quarter, the cash reserves is much lower.
Besides, AAPL is count on one person too much, Steve Jobs. He doesn't
even accept the CEO offer, you can figure out how bleak AAPL's future
is. You don't want to be an emperor, if you know the empire is
collapsing.
What a bunch of crap!
I suggest you take a look at the balance sheet before you pop off again, otherwise you simply look stupid. Apple has well over $1 billion in cash, so their cash situation is not poor.
As for the CEO position, as I understand it, Steve Jobs is simply trying to reconcile his personal life and the fact that he's already the CEO of Pixar. He wants to spend more time with his family, and right now the temporary CEO position suits him just fine. Do you really think he's going to let his baby be controlled by someone else? I don't think so... He's gotten Apple back, he won't let it go again.
I can't wait for earnings on Wednesday when you and the rest of the ill-informed naysayers on this forum will be eating a big helping of crow. And if by some quirk they don't make at least $21 million this quarter, I'll be eating some. |
