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Apple (NASDAQ:AAPL) is an established brand that sees very strong worldwide demand for its products, but the question that is dominating the minds of investors is whether the company can recover from its recent slump. In the absence of any whispers regarding a new category-defining product from Apple, investors have had to scale back their expectations for the company. But despite the ongoing, muffled concern for the company’s future, investors seem content to give Apple’s executives “a chance to deliver on all their promises,” as Jack Welch recommended in early March. The company ended Monday up $12.06, or 2.72 percent, at $455.72. Here’s a cheat sheet to today’s top Apple stories:
Why Are Pundits Soft on Apple?
It seems to be a growing trend for some industry observers and analysts to say: “give Apple a break.” Recently, analyst Gene Munster participated in a panel with pundit MG Siegler and The Unofficial Apple Weblog editor-in-chief Victor Agreda to hold a discussion along those lines. Their discussion focused on the media’s penchant to criticize Apple and cast the company in a negative light, due to its current product vacuum and a believed inability to continue succeeding after so much success. Though they can understand the reasoning, they have a little more faith in the company.
According to Munster and Siegler, some of the trouble may have come from Apple’s production cycle, which saw a number of new products launched late last year, leaving the company with very little to create a splash with early this year. Additionally, the reorganization of the company’s executives may have contributed to the negative outlook on the company… (Read more.)
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