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Tim Cook acquires $123M worth of vested Apple stock, sells $58MSuperficially, you would want Tim Cook to hold on to his shares, to signal trust in the future of the company. But as we saw in 2016, when AAPL dropped to $90, the stock price can be manipulated and that is a huge distraction when most of your net worth is in the stock. Even for Tim Cook. So diversifying his money will help to avoid these distractions and keep his eye on the long term strategy. Which is good for Apple.
WSJ jumps on iPhone X production cut story, adds new fictionsApple buys back its own stock. Now it can buy more shares for the same amount (as can anyone, of course, if they wish). This is positive for shareholders, as opposed to traders who may be scared into abandoning the trade with a loss. For the manipulators to gain, traders have to lose. For the rest of us, regret about not timing the market perfectly is unwise. Even Buffett cannot time the market, and he doesn't even think about it.
Apple's India chief reportedly departs amid sluggish salessree said:India does not discriminate for or against apple. It does not allow any used or refurbished goods to be sold in the country (from any company), since such a regulation can and will be misused by the 'global' corporations to dump electronic junk in the country.
The restriction exists for the sake of the environment, and we don't see any reason why it should be changed.
Early Apple Watch Series 3 reviews skew friendly, but with concerns about cost & glitchesThe Series 3 GPS has 8GB Flash, the same as the older models, according to the Apple site, so it will be 2GB. This is 13-26 hours of music or so, depending on quality-settings. The modest $70 premium for the Cellular model with 16GB makes it attractive for many people, even if they do not intend to buy a plan for it immediately.
With iPhone 8, Apple's Silicon Gap widens as the new A11 Bionic obliterates top chips from...