Oh, No... Did Apple’s GC Unload Too Early?

Apple Computers’ stock has been flying high in the stratosphere, up 7 percent for the month and at around $113 all week, driven by hot sales of its latest iPhone.

Looking back, it wasn’t supposed to be this way: The iPhone 7 was cast as an incremental upgrade on past models, with stale aesthetics . And at the beginning of September, its stock had dropped 26 percent from its all-time high in February, 2015. “It’s been an awful year for Apple,” one Bloomberg columnist explained.

But in the biggest rally in five years, the stock surged 11 percent in the past week — unfortunately too ...