These rumors I am hearing now are credible. Steve Jobs will quit in the next few months to be with family.
I support Apple and their products, but cant help to think that much of Apple's stock price was inflated by the presence of Steve Jobs.
Imagine a popular bar in your area who has a great bartender. A personality that people desire and want. Imagine if that bartender suddenly quit. Sure they would still serve the same great beer, but it just wouldnt be the same.
As the reality of Jobs quitting becomes more real, then the price should see further weakening. Usually, when the actual press release comes out many other investors knew of the news way before and had that chance to sell.
**However, those who choose to wait for official confirmation will get stuck in a wild water-fall selloff and the price will surely never return to those levels for several years if ever.**
You can either sell off right now at a loss or sell off later and experience much greater losses. Choice is yours to make.
I support Apple and their products, but cant help to think that much of Apple's stock price was inflated by the presence of Steve Jobs.
Imagine a popular bar in your area who has a great bartender. A personality that people desire and want. Imagine if that bartender suddenly quit. Sure they would still serve the same great beer, but it just wouldnt be the same.
As the reality of Jobs quitting becomes more real, then the price should see further weakening. Usually, when the actual press release comes out many other investors knew of the news way before and had that chance to sell.
**However, those who choose to wait for official confirmation will get stuck in a wild water-fall selloff and the price will surely never return to those levels for several years if ever.**
You can either sell off right now at a loss or sell off later and experience much greater losses. Choice is yours to make.