As returns on market increase, returns on owning Apple are expected to decrease at a much smaller rate. During bear market, Apple is likely to outperform the market.
Arthur Levinson Chairman and Member of Audit and Fin. Committee, Ph.D
Dan Riccio Senior Vice President - Hardware Engineering
Apple Price and Market Media
The median price of Apple for the period between Wed, Apr 24, 2013 and Fri, May 24, 2013 is 442.78 with a coefficient of variation of 3.57. The daily time series for the period is distributed with a sample standard deviation of 15.71, arithmetic mean of 440.59, and mean deviation of 11.69. The Stock received substential amount of media coverage during this period.
Apple Inc [AAPL] is traded on NASDAQ in USA. It is located in Cupertino, CA and employs 72,800 people. The company currently falls under 'Mega-Cap' category with current market capitalization of 406.68 B. Apple Inc conducts business under Consumer Goods sector and is part of Electronic Equipment industry. This company has 938.65 M outstanding shares of which 20.07 M shares are presently shorted by private and institutional investors with about 2.3 trading days to cover.
Apple Inc., together with subsidiaries, designs, manufactures, and markets mobile communication and media devices, personal computing products, and portable digital music players worldwide. more
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