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Monday, October 1, 2012

Apple Inc. Cook Apology Note Applause by Investors

by Geoff Noir

Apple Inc. (NASDAQ:AAPL) Chief Executive Tim Cook’s confession for faults in the firm’s mapping app encountered with upbeat evaluations from experts on Friday, but the firm’s stock still finished in the red.

Apple shares (AAPL) lowered 2% to end at $667.11, concluding the week with a decline of almost 5%. Apple did not have to say sorry, but we’re pleased they did, Topeka Capital expert Brian White stated in a report.

In an open memo to customers, Cook stated that the firm struggles to make world-class products that transport the best practice possible to our users.

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