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Thursday, November 20, 2008 |
Apple Tumbles on Consumer Spending Concerns |
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Apple shares tumble 16 percent, their biggest drop in seven years, amid concerns that the maker of Mac computers and other consumer electronics, including the iPod music player and the iPhone, will suffer as the economy slows. - BOSTON (Reuters) - Apple Inc shares tumbled 16 percent on Monday, their biggest drop in seven years, amid concerns the maker of Mac computers and other consumer electronics will suffer as the economy slows.
Two brokerages cut their price targets, earnings forecasts and stock recommendations on the ...
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Apple Tumbles on Consumer Spending Concerns
