“As of Monday morning the stock was officially down for 2011,” Philip Elmer-DeWitt reports for Fortune.
“Two days before Apple was expected to report record earnings — with customers snapping up iPhones faster than it can make them and others still camping out overnight to buy the latest iPad — the world’s most valuable technology company on Monday was down more than $7 (2.2%) in early morning trading,” P.E.D. reports.
P.E.D. reports, “It would be one thing if the whole market had collapsed. But the Dow is still up nearly 5% for the year.”
Read more in the full article here.
MacDailyNews Take: Continuing uneasiness over Jobs’ health issues, Japan suppliers, or other factors?