Friday, January 25, 2013

Apple loses spot as world's most valuable company

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Apple loses spot as world's most valuable company

Jobless claims drop to five-year low * Apple shares drop a day after results.

The 10% drop in Apple's share value subsequent the company's earnings release earlier this week was not entirely the fault of Apple, Fortune suggests, but rather that of overheated analyst predictions. Fortune assessed the accuracy of the predictions

From the blog Breakout: If it wasn't such a game of expectations, Wall Street would be honoring Apple (AAPL) today and its stock would be soaring in the wake of another quarter of record sales and earnings. But, falling

From the blog Breakout: If it wasn't such a game of expectations, Wall Street would be honoring Apple (AAPL) today and its stock would be soaring in the wake of another quarter of record sales and earnings. But, falling

SAN FRANCISCO—Apple Inc.'s stock price declined nearly 10 percent in after hours trading Wednesday (Jan. 23) after the firm projected sales would decline by more than 20 percent sequentially in the current quarter.

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