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Apple stock plunges 12%
What we do know is that Apple lost an eighth of its market cap today, or $52 billion in stock value. That's more than the market cap of some very big, very famous companies (h/t Rebecca Jarvis for the first comparisons) Screen Shot 2013-01-24 at 4
He described the sell-off of Apple's stock as "awfully dramatic" but not surprising, given that people have such a visceral relationship with this company. "Is this a rational response?" Barber asked. "That's hard to say." Hard because it's difficult
The world's most valuable publicly traded company took a hit on the stock market Thursday. Shares of Apple plunged more than 12% Thursday, to $450.50, as investors grew skeptical about the iPhone maker's growth
Because of Apple's great success in recent years, many investors have come to expect nothing short of perfection from it. And while it is still widely considered the most innovative company in the technology world, Apple is
Shares of Apple (AAPL, Fortune 500) plunged more than 12%, as investors grew skeptical about the iPhone maker's growth prospects. Despite reporting a record quarterly profit, Apple's forecasts showed signs of slowing consumer demand for its products,
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