Exxon retakes the lead in market capitalization as Apple's stock continues its precipitous drop since posting its best ever revenues ($54 billion) and profits ($13 billion) and all-time best iPhone and iPad sales.
1 spot as the world's most valuable company less than a year after Apple grabbed the title. Wall Street analysts loved Apple stock so much in 2012 that they raced to bump up price targets as shares surged to their $700-a-share peak. With the stock
In the September 27 DailyWealth, I warned readers of a potential peak in Apple's share price. Four months later, the stock is down 33%. As longtime readers know, I don't touch hyped stocks like Apple. And while I don't usually like calling tops, the
(NECN: Peter Howe, Boston) It's too soon to say Apple is getting crushed to cider – but a day after a slower sales forecast led the tech giant's stock to fall 12 percent in a day, Apple kept falling Friday, down another 2.4 percent. Since hitting a
Shares of Apple (AAPL, Fortune 500) plunged more than 12%, as investors grew skeptical about the iPhone maker's growth prospects. Despite reporting a record quarterly profit, Apple's forecasts showed signs of slowing consumer demand for its products,
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