◀ smartphones
 

Apple stock tumbles following debut of new iPhones

After little movement on Tuesday, the stock falls in Wednesday morning trading. Might that have something to do with the price of an unlocked iPhone 5C?On Tuesday, the stock closed just a little more than 2 percent down and nestled in at $494, a sign that the Apple event likely triggered an initial "meh" from investors. But as of Wednesday morning, shares have been roughed up a lot more.In pre-marketing trading Wednesday morning, the stock plummeted more than 5 percent to $467. Since the market opened at 9:30 a.m. ET, the shares were hovering in the $469-$470 range before dropping back to the $467 mark.Investors are still waiting to see how Apple'

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11 Sep
CNET News @CNETNews
RT @CNET: Wall Street questions the 5C: Apple stock tumbles following the debut of new iPhones http://t.co/D88s4l0VvV