Discounted AAPLs

08 Sep 2011

Dirk Schmidt for Asymco, writing on about the resignation of Steve Jobs and its effect on AAPL stock:

Apple investors are becoming more comfortable with Tim Cook running the company as the negative cumulative abnormal returns diminish and turn into positives ones when he is appointed CEO.

It really feels quite nice when intelligent people use charts and numbers to sum up notions that you’ve been trying to articulate for days. Now, instead of finding a way to say it myself, I can simply point you to Asymco’s much more detailed analysis.