Apple shares drop 17.5 percent

Courtesy CNET Tech blog  Mon, 09/29/2008 - 8:47am

The company's shares fall nearly 17 percent in early morning trading, after Morgan Stanley and RBC Capital Markets downgrade the stock.



 

More related items

Apple, labels, sing new tunes on iTunes
The company announces big changes to the iTunes store as it shifts its pricing strategy

Apple shows us how to compete with Microsoft
The Mac maker has never pulled any punches in competing against Microsoft, even when it was dependent on the Windows giant.

Sources: Apple to expand DRM-free music, new pricing
Moving further away from its one-price-fits-all model, the company will allow top four music labels more price flexibility.

Steve Jobs' health now a public matter
In choosing to go public with CEO Steve Jobs' ailments to deflect damaging rumors, Apple may be forced to give regular updates on the health of its founder.

Quickoffice brings simple Excel editing to iPhone
App Store download lets users open, share, and edit Excel documents on their Apple devices with Quickoffice's MobileFiles Pro. The $9.99 iPhone application packs in a lot of features.


 

Post new comment

The content of this field is kept private and will not be shown publicly.