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genovelle said:I’m not understanding the debt angle. They tend to maintain around 200 million in cash, so why pay interest on debt. Unless it provides tax savings somehow.
The Nikkei article cited in the Reuters article says that there will "not be a significant impact on operations." Why wasn't this important fact reported? Was this article designed to scare people unnecessarily? It sure scared me at first glance. But after reading Nikkei, I realized it's a nothing burger.
Gas contamination is a real thing, but it's usually measured in parts per million or parts per billion. So the contaminated gas was probably only 99.99999% pure.
lordjohnwhorfin said:Aaaaaand stock tanks. Go figure.
Stock prices have nothing to do with "news". They have to do with "expectations". If stock prices had anything to do with news then everyone could become rich by investing in the stocks that are expected to go up. Before news is delivered, people already have expectations.
If people expected more from Apple than this news delivered, that would explain why it went down.