1. Apple Falls After Consumer Reports Won’t Back IPhone

    BusinessWeek (Jul 13 2010)

    1. Apple Falls After Consumer Reports Won’t Back IPhone Apple Inc. declined a day after Consumer Reports said it wouldn’t recommend the iPhone 4, fueling concern that demand for the smartphone may drop and speculation that the handset may be recalled. Apple fell as much as $10.86, or 4.2 percent, to $246.43 at 11:39 a.m. New York time in Nasdaq Stock Market trading, the biggest drop in two weeks. The stock had risen 22 percent this year before today. (Read Full Article)

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