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Nate Silver tweets:
"AAPL has lost $18 billion in market capitalization since the Jobs news broke, about the same as the GDP of Paraguay."
But Henry Blodget minimizes the after-hours stock slide:
"A 5% drop in Apple is barely worth noting. If this had happened 2 years ago--25%. This was already in stock."
In case you're wondering, Apple stock closed today (before the news) at $376.18. On Sept. 16, 1997, when Steve Jobs took control of the company, shares were priced at an adjusted $5.48.
Mark Lacter created the LA Biz Observed blog in 2006. He posted
until the day before his death on Nov. 13, 2013.