I recall the same questions being raised when Google fell from $700 to below $300. Today Google is at $780.
It’ll be back.
So frankly I find it bizarre that we would find ourselves being sued for something that’s good for consumers. I think it’s a … it’s a silly sideshow, honestly.
If you’re thinking from a pure investor standpoint, that’s probably a fair assessment. Apple clearly slipped up from a supply standpoint and, as a result, it partially screwed up their earnings. But Apple has a history of shipping products when they’re ready not when Wall Street would like them. I think to do the latter would be a huge mistake, obviously.
There’s no question that Apple screwed up here, but they perhaps should have pushed the iMac slightly to meet consumer demand, not Wall Street.