Apple Stock Falls Sharply as Growth Slows

Thursday, January 24, 2013

starbucks, apple (Nathan Makan/flickr)

Apple is the largest publicly-traded corporation in the world, and for the past few years, investors have expected atmospheric growth. That's driven the price of Apple's stock to over $700, but it may be coming back to earth. Following a quarterly earnings that showed flat year-over-year profits, the tech giant's stock tumbled 11 percent in early trading today.

Nick Wingfield is a technology correspondent for our partner The New York Times.

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Nick Wingfield

Comments [1]

Larry Fisher from Brooklyn, N.Y.

The apple falling from the tree? I bet someone will invent gravity from this fall

Jan. 24 2013 01:45 PM

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