Thursday, August 25, 2011

Apple Inc. (NASDAQ:AAPL) CEO Steve Jobs Quits

Apple Inc. (NASDAQ:AAPL) CEO Steve Jobs has resigned, with Tim Cook being
nominated in his place. Apple Inc. (NASDAQ:AAPL) CEO Steve Jobs Quits The
resignation of Jobs will not be seen as the normal exit of a top leader, but as
the end of an era. The maverick CEO of Apple Inc. (NASDAQ:AAPL) made a huge
impact in the history of the United States, and of course, in the world of
technology, with his creative vision shaping portable digital audio and video.
When the board of directors officially announced that Steve Jobs has resigned
from the CEO position it was a shock to the world, with the company's share
price falling 5% in aftermarket trading. Now the question is whether the
proposed CEO Tim Cook will be able to continue the momentum of the world's
most valuable company? Apple Inc. (NASDAQ:AAPL) shares were at 376.18 at the end
of the last days trading. Theres been a 12.5% change in the stock price over the
past 3 months. Apple Inc. (NASDAQ:AAPL) Analyst Advice Consensus Opinion:
Moderate Buy Mean recommendation: 1.22 (1=Strong Buy, 5=Strong Sell) 3 Months
Ago: 1.22 Zacks Rank: 1 out of 2 in the industry

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