Apple's Planned Macworld Absences Send Stock Down

24/7 Wall Street:

As Freud said, "Sometimes a cigar is just a cigar". It is not always a symbol for a part of the male anatomy. It is a smoke, a pleasure, something to do outside to get away from the family. Don't read between the lines. Apple investors should learn more from Freud.

Trade shows are a poor place to do business. Most of the attendees drink too much and carry on in other ways. All the exhibits make it too distracting to have long meetings. Moving a big booth to a show and having people to answer questions twelve hours a day can costs hundreds of thousands of dollars.

The Consumer Electronics Show, the largest trade show in the world, will be sparsely attended this year, at least by exhibitors. The recession will be part of that, but the event was always attended by a lot of tourists in Las Vegas who were never going to buy anything.

Read the whole story: 24/7 Wall Street

Comments

[amdezurik]

well, far be it from me to rub it in, but making orphans is what Apple and Jobs has always been about. Sorry guys but if you ain't the sexy new thing on the block, Steve will just pass you right on by...again

[Lee Stranahan - Huffpost Blogger]

Sorry - this is a very stupid and and misleading article.

I guess the author has never been to a Macworld Expo because I've never seen drunk attendees there. Instead, there's a lot of diehard Apple fans who leading edge consumers. They buy things. They make contact with software developers, look at hardware and then buy some more things.

Apple pulling out of the show isn't a good sign or a smart move. It may not be fatal to Applebut it doesn't show a commitment to the Mac side of the business. Sometimes a cigar is a cigar and sometimes it's a sign that someone will develop a dangerous illness. Best wishes to Steve Jobs.