Apple's Stock Flattens, Confuses Investors

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		Tech Media Wall Street Markets Strategy Sports Lifestyle Politics Europe Video Latest Thursday, June 16, 2011 Apple's Stock Flattens, Confuses Investors For about a year and a half following the financial crisis, Apple's stock was a rocket ship zooming from a low of $85 to a high of $360. But all of the sudden, the stock has flattened. Year to date, it's down. And this has investors confused. Piper Jaffray analyst Gene Munster put out a note just trying to make investors feel better about the stock's prospects. What's holding the stock back? It's not like Apple isn't delivering results. And while the general market is flat for the year, you'd think Apple would outperform. Our best guess: The company is just in flux right now with Steve Jobs out indefinitely, and no hot new products rumored in the pipeline. What's your guess?   Read » Also On SAI Today: Brad Feld On The Boulder Boom, Cofounding TechStars, And Zynga's IPO Here's Google's Secret Plan To Kill Groupon In New York And San Francisco Oracle Wants "Billions" From Google In Android Lawsuit WELL DONE, RICHARD GREENFIELD! Ballsy Pandora Analyst Has Guts To Say "SELL" Advertisement CHART OF THE DAY: Why Ben Horowitz Thinks Tech Valuations Are Ready To Explode CHART OF THE DAY: You Probably Don't Need A Big Mobile Data Plan CHART OF THE DAY: Groupon And Living Social Are "Gorillas Among Ants" Share this: Buzz Facebook Twitter Digg Reddit StumbleUpon LinkedIn The email address for your subscription is: dwyld.kwu.careers@blogger.com Change Your Email Address | Unsubscribe | Subscribe | Subscribe to the SAI RSS Feed Business Insider. 257 Park Avenue South, New York, NY 10010 Terms of Service | Privacy Policy

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