Apple (APPL) Comes Off Lows As Cook Rumors Downplayed
Get Alerts AAPL Hot Sheet
Price: $294.30 -0.91%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
EPS Growth %: +20.4%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
EPS Growth %: +20.4%
Join SI Premium – FREE
Apple (Nasdaq: AAPL) is coming off the lows as commentary suggests that rumors that COO Tim Cook is leaving to join HP (NYSE: HP) is "improbable."
BusinessInsider notes that Cook is in-line to become CEO at Apple if Steve Jobs ever retires. Also an internal candidate is more likely at HP, as bringing in in an outsider would be "daunting."
Shares of AAPL are down down just $5, or 1.7 percent, to $286.20.� They traded as low as $276.10 earlier.
BusinessInsider notes that Cook is in-line to become CEO at Apple if Steve Jobs ever retires. Also an internal candidate is more likely at HP, as bringing in in an outsider would be "daunting."
Shares of AAPL are down down just $5, or 1.7 percent, to $286.20.� They traded as low as $276.10 earlier.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Apple investigating exposure to Tata Electronics data breach, full analysis underway - Reuters
- Argentum AI to deploy 47,000 NVIDIA gb300 chips in $7.8b deals - Barron's
- Varonis Said To Weigh Sale After Takeover Interest - Bloomberg
Create E-mail Alert Related Categories
Insiders' Blog, Rumors, Trader TalkRelated Entities
Steve JobsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!



Tweet
Share