More than $241 million of structured notes tied to Apple Inc. (AAPL) face losses after a 27 percent drop in the stock of the world’s most valuable company eroded built-in cushions that protect investors.
Banks issued 76 U.S. notes linked to Apple stock during the seven weeks starting Aug. 20 when the company was valued at $650 a share or more, according to data compiled by Bloomberg. Sixty- three percent of the securities absorb as much as 20 percent of stock price declines before investors are at risk of losing principal or coupon payments, Bloomberg data show.
Max Keiser
Financial War Reports
Apple – Think Different – Full Version – YouTube
Ha ha, the noveltys worn off LOL. Apples new TV looks like a Samsung telly – hope they get their asses sued off. Owning an apple must be like bieng left handed. No signal, your not holding it right LOL.
Hmmm. Lets see, chaps. The information is about JP Morgan’s schemes for investors. They sell profits and deliver losses. Nothing new, like Max says- another day, another scam.
Investors in this case are equal to greedy savers. They should know better and buy Apple Stock themselves or just leave it altogether. Otherwise, save in money, that is, gold and silver.
Apple is no Facebook- it does not depend on the stock market to grow. Apple makes (an absurd amount of) money out of gadgets, mostly, and has plenty of cash (more than anybody else) to give a hoot about stock markets. They say Tim Cook blinked when he was told about this. They say Jony Ive scratched his nose and turned to some of his unseen prototypes of untold products running unrevealed software, mumbling something about text’s role in digital interfaces…
Lastly, if it were necessary, Apple would buy their won stock, as Warren buffet suggested to Steve Jobs, so as to preserve the stock value of the company. They did not, because they needed not.
http://www.macrumors.com/2013/03/04/warren-buffett-says-apple-should-buy-back-stock-ignore-einhorns-calls-for-preferred-stock/