Are Apple Fears Overblown?
Once upon a time, it was cool to be bullish on Apple (NASDAQ:AAPL). Now, it’s cool to be an Apple hater. Although Apple had an iPhone 5 hiccup and Apple TV is delayed, should investors worry the once $700 stock could tank?
First, let’s start with the elephant in the room: Tim Cook. Is he Steve Jobs? Nobody is. However, Jobs was the pickiest inventor of all time and he left the keys to his kingdom to Cook. Clearly, Jobs expected Cook to grow Apple at least as well as any top tech company in the world. Unfortunately, at the moment Apple’s stock suffers from a “Tim Cook Discount”.
Is the Tim Cook Discount Justified?
Basically, a sizable number of gamblers are betting Tim Cook will crash the car like CEO John Sculley back in the 90’s. However, such comparisons don’t pass the laugh test for the following reasons…
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