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PR Newswire
06-12-2012, 05:12 PM
Apple's shares swallow biggest loss in 4 years
NEW YORK- Apple shares tumbled more than 6 per cent yesterday, chalking up their biggest single-day loss in four years as fears grow about intensifying competition in the mobile device market.
The sell-off, fuelled by a forecast by an influential research firm that the iPad maker is continuing to cede ground to rival Google Android gadgets, rounded off a bleak 10 weeks for the most valuable US company.
- TODAYonline
http://www.todayonline.com/Business/EDC1...in-4-years
NEW YORK- Apple shares tumbled more than 6 per cent yesterday, chalking up their biggest single-day loss in four years as fears grow about intensifying competition in the mobile device market.
The sell-off, fuelled by a forecast by an influential research firm that the iPad maker is continuing to cede ground to rival Google Android gadgets, rounded off a bleak 10 weeks for the most valuable US company.
- TODAYonline
http://www.todayonline.com/Business/EDC1...in-4-years
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