Apple stock gets bashed over the holidays, at a new 10-month low

Apple Inc. stock drops to a new 10-month low, iOhOh.

| Dec 27, 2012 at 12:32 am CST

The days of $700-plus Apple Inc. (AAPL) stock seem to be well and truly over, but the iDevice maker has seen their stock getting bashed around for a couple of months now. In the last 24 hours, it has reached a new 10-month low of just $513 per share.

Apple stock gets bashed over the holidays, at a new 10-month low | TweakTown.com

Around six weeks ago we reported that it was dropping big time, and at that stage it had reached $558 - so we're another 10% or so down in the last six weeks alone. On December 14 we reported their stock dropping 4% based on poor iPhone 5 sales in China.

I've expressed my thoughts many times on this, and I don't think we're going to see Apple recover. They've released new devices in all categories, so now all they can do is try and excite the market with something new - but have they burnt bridges in their journey?

Last updated: Jun 16, 2020 at 04:29 pm CDT

ABOUT THE AUTHOR -

Anthony is a long time PC enthusiast with a passion of hate for games built around consoles. FPS gaming since the pre-Quake days, where you were insulted if you used a mouse to aim, he has been addicted to gaming and hardware ever since. Working in IT retail for 10 years gave him great experience with custom-built PCs. His addiction to GPU tech is unwavering.

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