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by technoslut 4896 days ago
This article is the opposite of what I think it should be.

>I think the right answer is that Apple just fails to pass the gut test for most people.

This is no surprise. Apple holds no significant monopoly so AAPL is volatile. The stock is ripe for manipulation with a P/E that is far lower than many other tech companies while almost one-third of the company's value is in cash on hand.

The bigger issue for me is why this story has been so well covered by Daring Fireball, The Loop, MG Siegler and the rest of the Apple blogosphere? Do they really believe that they will affect general opinion of the stock or force an investigation?

What screams out to me is that this is about favoritismm but coming from intelligent people whom can deny it in a way that sounds reasonable to the average person.

1 comments

> The bigger issue for me is why this story has been so well covered by Daring Fireball, The Loop, MG Siegler and the rest of the Apple blogosphere? Do they really believe that they will affect general opinion of the stock or force an investigation?

You're surprised that bloggers who blog about Apple are blogging about Apple? What's the issue here, again?

No, it's one thing to talk about technology. It's another to mount a campaign about how the WSJ got the story wrong about stock prices when it will all be settled within a few days.

There are other issues that exist at Apple which are far more important.

I could say the same for any tech company but I expect more from those who pretended to be above it all.

> No, it's one thing to talk about technology. It's another to mount a campaign about how the WSJ got the story wrong about stock prices when it will all be settled within a few days.

Daring Fireball isn't a technology blog, it's an Apple blog. Apple's stock price is entirely relevant.

> There are other issues that exist at Apple which are far more important.

Are these issues being ignored? These bloggers tend to post more than once a day on a variety of Apple-related topics.

> I could say the same for any tech company but I expect more from those who pretended to be above it all.

When have folks like Gruber ever pretended to be above covering Apple news and stock prices?