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Stockreport

Apple's Steve Jobs dealt with the 2008 financial crisis not by layoffs or slimming spending but by investing his way through the downturn—and it paid off [Fortune]

Apple Inc. (AAPL)  More Company Research Source: Fortune
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Instead of slashing jobs or budgets, the late CEO prioritized “investing(ing) our way through the downturn”—and just two years after the 2008 financial crisis, Apple released the iPad. Economic uncertainty is a challenge for business leaders of all shapes and sizes, with even a slight indication of worry sending a company's stock falling. However, Steve Jobs was a master at keeping his head held high—and his playbook for navigating the 2000 dot-com burst and the 2008 economic crisis might just be the blueprint today's business leaders need. The Apple co-founder spoke to Fortune in 2008 about the then-economic downturn. “What I told our company was that we were just going to invest our way through the downturn,” he said. “That we weren't going to lay off people, that we'd taken a tremendous amount of effort to get them into Apple in the first place—the last thing we were going to do is lay them off.” Instead, Jobs revealed he was upping the company's R&D (research and develop [Read more]
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Stockreport

Apple's Steve Jobs dealt with the 2008 financial crisis not by layoffs or slimming spending but by investing his way through the downturn—and it paid off [Fortune]

Apple Inc.  (AAPL) 
More Company Research Source: Fortune
Last apple inc. earnings: 4/30 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investor.apple.com
Instead of slashing jobs or budgets, the late CEO prioritized “investing(ing) our way through the downturn”—and just two years after the 2008 financial crisis, Apple released the iPad. Economic uncertainty is a challenge for business leaders of all shapes and sizes, with even a slight indication of worry sending a company's stock falling. However, Steve Jobs was a master at keeping his head held high—and his playbook for navigating the 2000 dot-com burst and the 2008 economic crisis might just be the blueprint today's business leaders need. The Apple co-founder spoke to Fortune in 2008 about the then-economic downturn. “What I told our company was that we were just going to invest our way through the downturn,” he said. “That we weren't going to lay off people, that we'd taken a tremendous amount of effort to get them into Apple in the first place—the last thing we were going to do is lay them off.” Instead, Jobs revealed he was upping the company's R&D (research and develop [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AAPL
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS