Comment: Malvini - check out this article

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Michael Nystrom's picture

Malvini - check out this article

http://www.marketwatch.com/story/apple-impact-on-wall-street...

NEW YORK (MarketWatch) — It’s nearly impossible to overstate the role Apple Inc. plays in the U.S. stock market.

One would have to go back more than three decades to find a public company with a remotely comparable ability to jolt Wall Street, and even then the scenario doesn’t come close.

“Apple (NASDAQ:AAPL) has the most impact of any issue in history,” said Howard Silverblatt, senior index analyst at S&P Indices. Read: Apple shares still below biggest target cuts.

“The closest is [International Business Machines Corp.] back in 1982, when PCs were just starting to become popular and everyone figured IBM would own the world,” he said.

http://www.marketwatch.com/story/apple-impact-on-wall-street...

Interesting times we live in friend. Interesting times.

To be mean is never excusable, but there is some merit in knowing that one is; the most irreparable of vices is to do evil out of stupidity. - C.B.