Thursday, December 28, 2006

Apple financial statement tomorrow. AAPL closes down at $80.87.

In the few days before Apple's 2006 financial statement is released (2 weeks late) tomorrow, AAPL has been hit with more negative news surrounding its options scandal, including news that some documents regarding Jobs' options grants may have been falsified.

AAPL so far has done reasonably well in light of this, probably partially because of advice from analysts for investors not to overreact, but we could see more selling tomorrow if Apple's numbers are bad. In the meantime, I'm glad I sold my AAPL stock weeks ago.

AAPL closed today at $80.87, down 65¢ (0.79%).

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