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Apple Shares Slide Into Warm Bath of SadnessApple shares are down 1.7% at last check, below $370, as the company today introduced the iPhone 4S, the kissing-your-sister version of what many had hoped – nay, expected – would be the iPhone 5. Gizmodo and others had warned an ... read more
Kumar Sees Apple Stock at $450 or Higher Over 12 Months
Oct. 4 (Bloomberg) -- Ashok Kumar, an analyst at Rodman & Renshaw LLC in New York, talks about Apple Inc.'s introduction of its iPhone 4S with a speedier processor, higher-resolution camera and new voice-recognition system. ... read more
Why Apple Falls After New Product Announcements
Here's a market riddle for you: Why does Apple's stock fall on the same day the company reveals a new product? A hot gadget would seemingly give investors reason to buy more shares. But, since early 2007, the stock has ... read more
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