News Update: Rumor of Tim Cook Leaving Apple for HP Causes Apple Shares to Fall

Rumor website Fly on the Wall reported that Apple (NASDAQ:AAPL) COO Tim Cook could be leaving to become the CEO at Hewlett-Packard (NYSE:HPQ). The rumor caused shares of Apple to briefly hit $275, about $16 points below yesterday's closing price. There have been no official comments from Apple regarding this rumor.

Tim Cook has been considered as a possible successor to Steve Jobs as CEO of Apple.

SmarTrend is bullish on shares of Apple and our subscribers were alerted to buy on September 08, 2010 at $261.75. The stock has risen 9% since the alert was issued.

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News & Politics

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[bigdiick22]

this bitch dont know wat the fuk shes saying

Now dis man replace the genius Mr. Steve Jobs.

[DelbyC]

@drrobertoboogie97 You're a fucking physic mate !

[AsianHideOut]

...and now he's the Apple CEO.

[formattester6]

going to HP would have proved to be a mistake it seems.

[acslater017]

@Javidominguez010 I guess this turned out to be very, very wrong.

[Javidominguez010]

Lol

[TechShin]

It would be hilarious if Eric Schmidt becomes the Apple CEO. lol

[drrobertoboogie97]

Ironic how Tim Cook is staying and Steve Jobs has left.

[SteveDutchy]

is this porn?