With the markets closed for the past few days, investors have been unable to react to Apple’s executive shakeup and had only one trading day to react to Apple’s earnings report from Thursday afternoon. Wall Street will open its doors in just under an hour amid Hurricane Sandy recovery, and as analysts digest news from Cupertino, shares of Apple, Inc. have dipped below the $600 level in pre-market trading.
Any downturn in Apple’s share price will likely be erased in coming weeks, as the company will unleash the iPad Mini and 4th-Generation iPad on the world this Friday. Early reviews of both devices are in, and the device is clearly going to sell a lot of units this holiday season. CEO Tim Cook believes Apple is in for another record-breaking 4th Quarter, and the company is showing no signs of slowing down any time soon.