The Real Reason Apple Shares Dropped Below $100

If Elon Musk was the CEO of Apple would the company’s stock price be at 95 right now? Said another way, is Tim Cook’s low-key approach hurting Apple’s stock price? Investors are certainly frustrated with Apple as its shares languish below 100. The price makes no sense given that Apple has $250 billion of cash in the bank, a price to earnings ratio much lower than the market and a massive cash flow generation operation despite slowing phone sales. Still, the stock trades below 100 and blame has to be cast somewhere.

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