According to the Journal, the recent market plunge makes Apple's buyback strategy look like a bad idea.
Who the hell is Pelham Smithers? (video)
7 years ago
7 years agoAnd why did he plant the idea on CNBC Thursday morning that Apple could fall to $117?
If you guessed a commodity iPhone priced for the masses, you guessed wrong.
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WSJ: Behind the market's—and Apple's—slide
7 years ago
7 years agoThe Journal estimates that 85% of trading on the way down was driven by bots.
Behind Daring Fireball (No. 25), ahead of Stratechery (52).
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