Apple (AAPL) Slips to Six-Month Lows as 'iPhone Top' Takes Shape
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Price: $326.59 -2.14%
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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Apple, Inc. (Nasdaq: AAPL) are now back below last week's low and are currently trading at the lowest point since last May.
Since the introduction of the iPhone 5 and subsequent supply issues, Apple has steadily fallen 25 percent from over $700 down to today's level around $530.
We mentioned a possible iPhone Top late in October, but continued issues into the holiday shopping season are still on investors' minds.
The stock is down 0.8 percent on the session.
Since the introduction of the iPhone 5 and subsequent supply issues, Apple has steadily fallen 25 percent from over $700 down to today's level around $530.
We mentioned a possible iPhone Top late in October, but continued issues into the holiday shopping season are still on investors' minds.
The stock is down 0.8 percent on the session.
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