, Columnist
Too Soon to Judge Apple's New Normal
One-time factors are interfering with clarity.
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Investors have been feeling better about Apple Inc. these days. The company’s stock price had climbed 31 percent since closing at a two-year low in May. Expectations changed to reflect the realization that Apple’s go-go days are behind it, at least for now. Apple's less-supercharged new reality felt ... fine.
Well, we might want to hold off on that determination for another six months or so. Some one-time oddities are making it too difficult to define what Apple's new normal looks like.