Steve Jobs Resignation: BusinessWeek Can Be Really Stupid

August 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”?

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