Monday, January 14, 2013

Shares Of Apple Are Tanking After WSJ Report ... - Business Insider

UPDATE:

The market has opened, and Apple has briefly fallen below $500

Earlier: After a quiet start to German trading, shares of Apple are down nearly 4%.

Remember, this is the German trading of Apple.

That being said, early bid/ask indications in the US show the same thing, a significant decline from Friday's close.

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The culprit?

WSJ confirming what other analysts have said, that Apple's parts orders for the iPhone 5 have been weak.

The stock could get close to breaking below $500 today.

Source: http://www.businessinsider.com/shares-of-apple-are-tanking-after-wsj-report-about-weak-iphone-sales-2013-1

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