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Author Topic: Tim Cook to Apple investors: Relax  (Read 313 times)
HCK
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« on: August 25, 2015, 09:00:13 am »

Tim Cook to Apple investors: Relax

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The stock market today is an unholy mess. China’s main index dropped off a cliff, which sent the Dow Jones industrial average plunging 1,000 points this morning. The Dow has since recovered, but not before Apple stock fell below $100 for the first time this year. In an unusual move, Apple CEO Tim Cook emailed CNBC host Jim Cramer Monday morning to reassure investors that Apple is doing A-OK.</p><p>
Cook said Apple doesn’t usually offer financial updates outside of its quarterly earnings reports, but today’s stock market rollercoaster seemed to warrant a response.</p><p>
Here’s what Cook had to say:</p><p class="jumpTag"><a href="/article/2975052/business/tim-cook-to-apple-investors-relax.html#jump">To read this article in full or to leave a comment, please click here[/url]</p></section></article>

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