Wall Street’s Love Affair with Apple May Be Over
In its last quarter that will be impacted by innovation on Steve Jobs’ watch, Apple booked strong quarterly revenue and earnings yesterday. But the company had to admit that existing Apple customers were slow to upgrade to new iPhone releases and Apple as a status symbol in China may be coming to an end. The stock plunged by -10 percent, or about $80 billion, before recovering somewhat today. But as Breitbart News warned last month, ‘Apple Products: Without Steve Jobs, the Thrill is Gone.’









