Apple's Story: Only The Beginning?
by NYC Trader
It is no secret. Investors are petrified by negative sentiment and rumors about Apple (AAPL). Traders and shareholders continue to digest such rumors about Apple and the recent trend has been typical: dump the shares. For example, a fresh piece from the Wall Street Journal about the future of the next iPhone, an iterative iPhone 5 and a version of the same phone for the China market, cost shareholders $10 billion in market cap within an hour, or the size of Blackberry (BBRY) and AOL, combined. That market cap disappeared as a speculative - and unconfirmed - report was pushed out by a couple of journalists. Such speculation has been trending for several months now, as journalists and analysts fire speculative shots about Apple's supply chain, demand, and future products at investors based on their discussions with vendors and third parties. read more »
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