updated 12:15 pm EDT, Thu April 8, 2004
Apple\'s stock pondered
Today's Washington Post (free registration required). "Regardless of how the company is doing in the market overall, Apple's stock price has tended to rise or fall in close association with whatever new product is causing positive or negative buzz... Apple's stock is 'like Disney stock used to be': People buy it for sentimental reasons more than economic reasons. People tend to grow attached to their PowerBooks or iPods and end up wanting to own a piece of the company."