“Apple shares sold off sharply on Tuesday in afternoon trading on no apparent news,” Reuters reports.
“The stock fell about 2.5 percent on heavy volume to around $443 in afternoon trading while the Dow and the Nasdaq remained positive,” Reuters reports. “Apple is expected to release a line of new products, including its next generation iPhone and iPad, this Fall. However, the company is widely believed to also be unveiling a product in an entirely new category at the end of the year which many speculate is a smart TV.”
Read more in the full article here.
MacDailyNews Take: Sleep tight, SEC.
[Thanks to MacDailyNews Reader “JES42” for the heads up.]
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