“With Apple’s (AAPL) shares off nearly 5% Wednesday, there was no shortage of theories about what was driving all the selling,” Philip Elmer-DeWitt reports for Fortune.

“We highlighted one — Apple’s failure to issue a special dividend,” P.E.D. reports. “In a note to clients a few hours later, Piper Jaffray’s Gene Munster addressed four more.”

• Digitimes Article Appears To Be Misinterpreted – [iPhone component orders are sequential, not an issue]
•Technicals Suggest Downside Largely Priced In
• Margin Requirements Being Raised
• China Mobile to Carry Nokia Lumia

P.E.D. reports, “Munster is sticking with his price target of $900 a share.”

Read more in the full article here.

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