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Apple's Paranoia Pays Off


After Apple's latest freak-out over the leaked iPhone, news outlets have become unjustly critical of the company.

When blogger/writer/whatever-the-hell-you-wanna-call-him Jason Chen showed off the now infamous lost Apple (AAPL) iPhone on Gizmodo, he probably wasn't expecting the reaction he got. Sure, the video earned him hundreds of thousands of hits, but it also led to a police raid of his home and a possible criminal investigation.

But some in the media have been critical of Apple's heavy-handed response to the incident. Sure, Steve Jobs and Co. have long been considered hyper-secretive, but lately the company has appeared nothing short of paranoid.

It wouldn't be the first company to exhibit signs of mania. Paranoia has long played a role in the governance of plenty of big businesses, from Google (GOOG) to Nokia (NOK) to Intel (INTC).

Fortunately, when it comes to protecting profits, paranoia often pays.

Join Minyanville's Josh Lipton for a closer look.

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No positions in stocks mentioned.
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