“Apple’s stock is falling along with a sell-off in the broader market,” The Associated press reports.

“The stock of the world’s most valuable company has now fallen more than 20 percent from its all-time high of $705.07, hit on Sept. 21,” AP reports. “That was the day the latest iPhone went on sale.”

AP reports, “Apple Inc. still has the world’s heftiest market capitalization at $548 billion. Oil giant Exxon Mobil Corp. is next, at nearly $418 billion. Apple shares are down [$18.00, or 3.10%, to $562.19] in midday trading Wednesday. The tech-heavy Nasdaq composite index is down 2.6 percent.”

Read more in the full article here.

MacDailyNews Take: This roller-coaster got you woozy, yet?

Related articles:
More great news for AAPL stock: Hon Hai says iPhone 5 production delays continue – November 7, 2012
Four more years of Obama gets chilly Wall Street reception: Stocks begin in the red; Apple down – November 7, 2012
Apple’s stock has the flu – November 6, 2012