If you're an Apple shareholder and pretty pissed about the company's recent stock drop, you can at least take comfort in knowing you're not alone. Apple Chief Executive Tim Cook said today during the electronics giant's annual shareholder meeting that he knows people are upset about the stock drop.
"Apple’s annual shareholders meeting was held today, and present were many shareholders who were concerned about Apple’s decline in stock prices since September. Apple’s stock price is down 35% since its $702.10 peak in September. Its stock price is currently sitting at $443.77. This drop in stock price took out a total of $240 billion in shareholder wealth, and shareholders want to know what Apple plans on doing to change things around."