updated 01:30 pm EDT, Thu October 25, 2001
In an article for TheStreet entitled "Apple's Scraping the Bottom of the Barrel", author Arne Alsin says "Don't buy Apple's stock. And if you own it, sell it." Alsin claims that while Apple has "cool" products, investors are looking for profit. He opines that Apple's retail initiative is merely a last-ditch effort to generate product interest; "It's desperation time in Cupertino, California."