Apple (AAPL) Dips Below $500 Pre-Market, Lowest Since February

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Go back to Apple (AAPL) Dips Below $500 Pre-Market, Lowest Since February

Nokia (NOK) Outperformed Apple (AAPL) Since Sept.; Can the Momentum Last?

December 17, 2012 2:30 PM EST

Nokia Oyj (NYSE: NOK) isn't the world's most popular stock, given that it struggles to stay relevant in the world's most popular tech segment. But, sometimes a little goes a long way.

If you went back to the start of September, just when Apple (Nasdaq: AAPL) was slated to release its next-generation iPhone and said short Apple and buy Nokia, you might just end up with miscellaneous garbage flying your way (depending on the company you keep, of course). Most analyst expected nothing but upside for... More

Citi Downgrades Apple (AAPL) to Neutral; Recent iPhone Order Cut Brings Demand into Question

December 17, 2012 6:37 AM EST

Citi downgraded Apple (NASDAQ: AAPL) from Buy to Neutral, lowering its price target from $675 down to $575.

The firm cautioned on slowing iPhone demand with the latest iPhone 5 launch in 40 new markets receiving mixed results. Analyst Glen Yeung said, "...near-term supply chain order cuts, while inconclusive in nature, bring into question the strength of iPhone5 and refocus... More