Wednesday October 21, 2020

Apple share price falls a further 2.8%

The fall in the share price of tech giant Apple continued unabated this afternoon. The share price was down 2.8 per cent in New York a short time ago.

15th January, 2013
Apple's iPad.

The fall in the share price of tech giant Apple continued unabated this afternoon. The share price was down 2.8 per cent in New York a short time ago $488.

Apple shares have lost more than a quarter of their value since hitting a record high in September, as the company's products face strong competition.

Nomura Equity Research today cut earnings and revenue targets for the company to "reflect signs of weaker-than-expected iPhone 5 sales."

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