Wednesday, September 09, 2009

Apple -- Money Talks BS Walks

Apple (AAPL) Money talks B*llsh*t Walks. Apple is a master of hype. The hype has hype. When possible I like to take a peak at insider trading and see what the officers and directors are doing. The money has talked and the following have been sellers in the past two months as reported through Reuters

Robert Mansfield SVP Mac Hardware Engineering
Scott Forstall SVP iPhone Software Engineering & Platform Experience
Jonathan Ive SVP Industrial Design
Ronald Johnson SVP Retail
Bertrand Serlet SVP Software Engineering
Millard Drexler Director; Board of Directors and Compensation and Nominating and Corporate Governance Committees of Apple, Inc. Also Chief Executive Officer and Chairman of the Board J Crew.