Jim Chanos Explains Why He Is Long Apple (AAPL) And Short Intel (INTC)

Renowned short seller Jim Chanos told CNBC on Friday that he’s been shorting Intel (INTC) for about six months because of his concerns about the personal computer business. “We just see continued pressures on PC-makers, components-markers. You see the rise of companies in China,” Chanos said in a “Squawk Box” interview. He’s also been short Hewlett-Packard […] View the full post at: Jim Chanos Explains Why He Is Long Apple (AAPL) And Short Intel (INTC) Related posts: A Short Citizen’s Guide to Reforming Wall Street Lehman Plans Offloading Real-Estate Loans Takeover Chatter Hits Sun Microsystems Once Again