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Technology Stocks : Apple Inc.
AAPL 259.35+0.1%Jan 9 9:30 AM EST
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To: slacker711 who wrote (165535)2/6/2014 10:13:38 PM
From: MGV  Read Replies (2) of 213182
 
Perhaps the impact of progress on new products or perhaps Icahn did have an influence.


Cook's statements describing the move suggest the former more than the latter. It should move the share price tomorrow. The 1st sentence below is a bit snarky by the WSJ.

online.wsj.com

Mr. Cook said Apple was "surprised" by the 8% decline in its shares on Jan. 28, the day after it reported lower iPhone sales than projected and warned that revenue in the current quarter might decline from the same period a year ago. Mr. Cook said he wanted to be "aggressive" and "opportunistic."

It means that we are betting on Apple. It means that we are really confident on what we are doing and what we plan to do," said Mr. Cook, speaking in a conference room at the company's corporate headquarters here. "We're not just saying that. We're showing that with our actions."
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