Around the Net
How Far Will Apple Fall?
- Bloomberg , Monday, December 17, 2012 12:04 PM
Are Apple’s best days behind it? Just by its stock price, that appears to be the feeling among some investors. As Bloomberg reports, the company’s shares dropped below $500 for the first time since February after Citigroup reduced its rating for the stock. Troubling investor are concerned that demand for the iPhone 5 is slowing, and that Apple will have to content itself will lower-margin products going forward.
