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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Nobody was excited about paying top dollar for a movie about WikiLeaks. A film about the origins of Pets.com would have done better.

— Gitesh Pandya of BoxOfficeGuru.com comments on the dreadful opening weekend box office numbers for “The Fifth Estate.”