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Apple Stock Continues Nasdaq Slide

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Apple Stock Continues Nasdaq Slide

Business

Apple Stock Continues Nasdaq Slide

Apple Stock Continues Nasdaq Slide

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  • <iframe src="https://www.npr.org/player/embed/150787154/150787143" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">
  • Transcript

Apple share prices dropped more than 4 percent on the NASDAQ Monday — continuing a five-day decline for the maker of iPads and iPhones. In that span, the company's market value has dropped by almost $60 billion. Analysts say this may just be a price correction but warn that it could drag the markets down with it.

STEVE INSKEEP, HOST:

NPR's business news starts with falling Apple.

(SOUNDBITE OF MUSIC)

INSKEEP: Apple stocks dropped over 4 percent yesterday on the NASDAQ. That continues a five-day decline for the maker of iPads and iPhones. In that span, the company's market value has dropped by almost $60 billion. Now analysts say this may just be a price correction but, of course, so many people pay such close attention to Apple that analysts warn this could drag the markets down with it.

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