[KingOfCoders]

"That's locally maximizing shareholder return"

As shareholders jump from ship to ship, there is nothing beyond short term shareholder return.

[oldgradstudent]

Many long term Apple investors view things differently.

[KingOfCoders]

"Many long term Apple investors view things differently."

Apple long term investors are a string of short term investors.

Of course there are people with a long term view or institutional investors who buy and keep their stock for years.

But most investors, if Apple stock drops enough will sell, and new investors will buy at the new level.

[RoyGBivCap]

I bought Apple, nvidia, google, amd, intel, and motorola in 2005.

Apple smoked all of them.