Apple (AAPL) Sees Pressure, Is it RIMM PlayBook Related?
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Price: $308.63 +4.84%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
Revenue Growth %: +15.8%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.4%
Revenue Growth %: +15.8%
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Shares of Apple Inc. (Nasdaq: AAPL) are seeing pressure on the open, which could be related to Research In Motion Limited (Nasdaq: RIMM) PlayBook announcement.
Shares of AAPL are down over $6, or 2 percent.
Analysts at RBC said RIM may sell 6 million PlayBook and 12 percent of their user-base may buy the new RIM tablet.
So while RIM won't likely gain on Apple, they could maintain and stop the bleeding.
Shares of AAPL are down over $6, or 2 percent.
Analysts at RBC said RIM may sell 6 million PlayBook and 12 percent of their user-base may buy the new RIM tablet.
So while RIM won't likely gain on Apple, they could maintain and stop the bleeding.
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