January 22, 2008
Charles Jade of Ars Technica writes:
"Apple could use some good news. Despite the wishful thinking of six-figure analysts and over-excited fanbois, AAPL has fallen like a Cube in the last four weeks. After reaching an all-time high of $202.96 on December 27, 2007, AAPL closed at $160 today. The fault lay not with any new products (or lack thereof) at Macworld '08, but rather with the steadily worsening economy. That's why today's earnings report was so important, and Steve Jobs was thrilled."