Apple Stock Continues Nasdaq Slide
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.
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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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