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Sunday, January 27, 2013

Apple stock panic labeled "a premeditated flash dump"

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Apple stock panic labeled "a premeditated flash dump"

(NECN: Peter Howe, Boston) It's too soon to say Apple is getting crushed to cider – but a day after a slower sales forecast led the tech giant's stock to fall 12 percent in a day, Apple reserved falling Friday, down another 2.4 percent. Since striking a

Jobless claims drop to five-year low * Apple shares drop a day after results.

Exxon retakes the lead in market capitalization as Apple's stock continues its precipitous drop since posting its best ever revenues ($54 billion) and profits ($13 billion) and all-time best iPhone and iPad sales.

THE rise of Apple shares over the last hardly any years was meteoric. Their fall over last hardly any days has been traumatic. But these gyrations may not matter much to the overall stock market. They will matter, of course, if you lost money as Apple dropped from

ust last year, Apple was a tech investor's dream, and its stock hit $700 in September as doohickey junkies snapped up Apple's industry-dominating iPhones and iPads. Since then, but, Apple's stock has been in a prolonged slide. Even when the company

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