Why the Apple Stock Price Dipped to $100 Today
January 06, 2016 at 15:46 PM EST
Pummeled by yet another negative report about iPhone sales, the Apple stock price has shed nearly 4% in the past two days. The latest bad news came from Japanese daily Nikkei, which reported late yesterday (Tuesday) that iPhone production in Chinese factories would be cut by 30% in the first quarter of 2016 to compensate for slack demand. Here's why investors shouldn't be judging AAPL stock based on what they've been hearing about the iPhone lately... Tags: AAPL Stock , AAPL Stock Price , AAPL stock price today , Apple stock , apple stock price , apple stock price today , Nasdaq: AAPL To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2016 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201. The post Why the Apple Stock Price Dipped to $100 Today appeared first on Money Morning - We Make Investing Profitable .