Showing posts with label Apple. Show all posts
Showing posts with label Apple. Show all posts

Tuesday, January 15, 2013

Apple Drops to 11-Month Low on Reports of IPhone Cutbacks

We all know Apple (AAPL) as the giant that has brought us sleek looking and innovative performing technology. However, Apple's famed iPhone has come to a stand still on sales and has been cutting orders from its manufacturers. Since over forecasting, Apple has seen a major decline in equity; record breaking 11-month low.

This article looks back at Apple's most recent actions and how it could have effected the equity drop-off.  One of many thoughts is Apple's shortening product cycle. As well as observing the harsh competition between Google (GOOG) and the slow come-back of Research In Motion, Inc (RIM).