pmcnamara
News Editor

Apple’s stock has jumped 50% since Steve Jobs died

Opinion
Mar 14, 20121 min

From the Make of It What You Will Department

Mashable’s Todd Wasserman did the math and reported the results in this blog post:

At Tuesday’s close, Apple’s stock price was around $575.64, a 52% jump since Oct. 5, the day Jobs died and Apple’s stock was selling for $378.25. Of course, there are reasons for the optimism. Apple’s reported blowout numbers in its fiscal first quarter with revenues of $43 billion and a profit of $13 billion.

Poor Tim Cook. He’s not going to get the credit – at least not in the short term – but, had Apple’s stock tanked instead, you can be sure he’d be getting all of the blame.