Steve Jobs Resignation: BusinessWeek Can Be Really StupidAugust 25, 2011 2:54 pm
We spotted an amazingly stupid perspective from BusinessWeek today. The headline: “Jobs Resignation Cuts S&P 500 by $52 Billion as Apple Falls”. Here is the extract:
“Steve Jobs’s decision to step down as Apple Inc.’s chief executive officer erased as much as $52 billion from the benchmark gauge for U.S. stocks, futures trading shows.”
Statistics Source: BusinessWeek
What is BW trying to imply? That everyone who sold had a comment on the sell order saying “Bcos of Steve Jobs Resignation”?