Tuesday, January 15, 2013

Apple Trades Below 500. Sky Falls.

For the first time in 9 months Apple stock is trading below $500, after hitting a high of $700 in 2012. A lot of this has to do with a report in the Wall Street Journal regarding Apple cutting component orders %50. Is it stock manipulation? Has Apple run out of steam? Nothing is certain yet other than the fact that Apple stock has taken a hit.