Apple’s Stock Plunges, Wall Street Analysts Deeply Flummoxed

Macgasm writes, You’d think that Apple’s stock would have skyrocketed after the launch of their highly-anticipated iPhone 5. After all, there are people across the world who will readily trade in their not-so-obsolete iPhone 4S for a shot at the new, smooth-bodied offering. Curiously, that’s not the case here. According to eWeek, Apple’s stock has plummeted significantly five weeks after the launch of the iPhone 5. To be exact, Apple finished its trading week at $604.00 — a whole 14 percent less than its enviable $702.00 barely a month ago. So, what gives? Plenty of theories have...

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