Apple Inc. Stock Falls Friday, UnderPerforms Market
Among the New Tech Giants, Apple Inc., the one consumer tech giant by market cap, was underperforming the pack. AAPL stock drops ~2% in early trading today. The company reported more shares sold than added, or a sequential decline in profit and earnings. The question is if this indicates investors still see risk in AAPL and their own concerns over where the company is headed. One thing is certain, Apple’s results are the first of many earnings reports to be out in the next several weeks. The company now has…
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