Even with strong iPhone 5 debut in China, analysts downgrade AAPL, sending shares below $500

iDownload Blog
By Ed SutherlandDec 17, 2012, 12:55 pm133 pts
Is the glass half-full, or half-empty? Apparently, when it comes to Apple’s stock, financial analysts in Europe and Asia are born pessimists. After Citigroup Sunday downgraded the iPhone maker’s stock from Buy to Neutral, shares fell below $497 in pre-market trading Monday. This after closing Friday at nearly…

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