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Updated:01/28, 5:40pm, EST
macnn: tag: open letter
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Jobs urges investors to "hang in there"

January 28 - 5:40pm EST   Apple CEO Steve Jobs acknowledged the current instability of the company's stocks, but urged investors to remain confident due to Apple's current and future strengths. In a letter obtained by AppleInsider, Jobs points out that the company has over $18 billion in cash reserves, as well as a lack of debt, and over 200 retail locations. In addition, he mentions that Apple's staff, focused strategy, and new product lines are indicative of having much room to grow. [full story]
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