Apple Falls - 0 views
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Lynn Bui on 21 Apr 13This article is about how Apple's stock prices have decreased by 2.7%. In fact, $290 billion has been wiped off Apple's value since September. The article explains that the last time, Apple's stock was so low was when Steve Jobs had passed away. The article also talks about how investors will only pay about $9 for a dollar profit, whereas for a different company such as Standard & Poor's 500 company, they will pay $15. This shows that Apple's investor loyalty is falling. Investors no longer see Apple as a "safe" investment, which is why they are no longer willing to invest in Apple. Investors are not sure of the direction that Apple is going, which is why they are reluctant to invest and take a risk.