Wednesday, September 11, 2013

NO DEAL with Apple (AAPL) and China Mobile (CHL); once again Cook burns the bulls..

AAPL shareholders are frustrated with no execution from Cook as the overly hyped iPhone 5 included a trip to China just hours ago. And analyst Gene Munster of Piper Jaffray assigned a 99% probability of an imminent AAPL - CHL deal; did not happen and shares are down more than 5%. 

Traders who watched CNBC yesterday afternoon and acted on Munster's bold prediction have to be perturbed.  

Whether you liked or disliked Steve Jobs, his death marked the beginning of the end for Apple and its apped-up shareholders.


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