A controversial choice for a new public relations chief could soon affect Apple stock (Nasdaq: AAPL).
Rumors began swirling on Monday when Re/Code reported that former White House press secretary Jay Carney's name had been "bandied about" for the position. After 18 years with Apple, communications leader Katie Cotton announced her departure in May, leaving the spot open.
Money Morning Defense & Tech Specialist joined FOX Business' "Varney & Co." on Tuesday to weigh in on what kind of effect Carney's hire would have on Apple stock: