Financial

Apple stock history

I really enjoyed this piece by Abdel Ibrahim looking at the history of Apple’s stock movement.

Rating Apple analysts

Ernie Varitimos:

> Ask yourself, how many times have you tried to make sense of an analyst’s statement, where they’ve demonstrated a complete misunderstanding of Apple culture, the ecosystem, or the fan base. This isn’t universal of course, some analysts are very knowledgeable and huge Apple fans, but even a respected Apple bull like Gene Munster ranks only in the middle of the pack, well behind several amateur analysts. Some of the most influential analysts rank near the bottom of the pack, like Charlie Wolf and Kathy Huberty.

I have little to no respect for financial analysts.

Einhorn drops lawsuit against Apple

> Einhorn’s Greenlight Capital on Friday withdrew the suit it brought against Apple over a proxy proposal that would have allowed shareholders to vote on eliminating preferred stock from the company charter.

I’m glad that’s over.