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Apple loses spot as world's most valuable company
After reporting record-breaking quarterly revenue and profit earlier today, Apple's stock has taken a 10% tumble in after hours trading. Apple
Moreover, the decline in Apple's (ticker: AAPL) market capitalization since its stock peaked at $705 a share, to Thursday's close of $450.50, exceeds the $142 billion loss from Fannie Mae and Freddie Mac, the worst financial crack-up in description.
ust last year, Apple was a tech investor's dream, and its stock hit $700 in September as doohickey junkies snapped up Apple's industry-dominating iPhones and iPads. Since then, but, Apple's stock has been in a prolonged slide. Even when the company
Because of Apple's fantastic accomplishment in recent years, many investors have come to expect nothing small of perfection from it. And while it is still widely considered the most innovative company in the technology world, Apple is
(NECN: Peter Howe, Boston) It's too soon to say Apple is getting crushed to cider – but a day after a slower sales forecast led the tech giant's stock to fall 12 percent in a day, Apple reserved falling Friday, down another 2.4 percent. Since striking a
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