Peter Kafka

Recent Posts by Peter Kafka

Apple Shares Bounce Back

Apple says that things will run smoothly under new CEO Tim Cook. And after some reflection, Wall Street might agree. Apple shares are trading around $370, a little less than two percent below yesterday’s close — which was a few hours before Apple announced that Steve Jobs was giving up the top job at the company he co-founded. Which means they’ve actually improved since last night, when shares had dropped more than five percent in after-market trading.

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Another gadget you don’t really need. Will not work once you get it home. New model out in 4 weeks. Battery life is too short to be of any use.

— From the fact sheet for a fake product entitled Useless Plasticbox 1.2 (an actual empty plastic box) placed in L.A.-area Best Buy stores by an artist called Plastic Jesus