Betsy Schiffman
Business

The Kid Rock Effect: Apple Shares Sink

Here’s a little stock tip from singer and personal finance guru Kid Rock, as quoted in the New York Post: Buy Apple. Because it’s only like five or ten percent of the market in the world of computers and it’s the best [bleep] ever. I don’t agree with iTunes, but Apple as a whole is […]

Kidrock Here's a little stock tip from singer and personal finance guru Kid Rock, as quoted in the New York Post:

Buy Apple. Because it's only like five or ten percent of the market in the world of computers and it's the best [bleep] ever. I don't agree with iTunes, but Apple as a whole is genius . . . They'll do nothing but make money.

And when Kid Rock talks, people listen. Shares of Apple fell more than $4.50, or 2.5 percent, in morning trading.

Photo: Flickr/JavYliz