Apple stock falling since iPhone 4 release
Posted by admin | Filed under iphone
Apple stock has taken a bit of a drop since the iPhone 4 was released, with a fall of almost eight percent as of Wednesday. Despite this indications are that demand for the device is brisk. According to analysts consumers aren’t returning the iPhone 4 anymore than normal, despite word spreading about a reception issue when the iPhone is held in a certain way. In addition to this, supplies remain low at numerous retail outlets.
Analysts polled by The Wall Street Journal said that iPhone 4 buyers were keeping new phones without returning them at the same rates they normally do. Multiple analysts told the WSJ they did not expect Apple to make a recall of the device despite the wide reporting of the problem.
Tags: apple, iphone 4, iphone reception, wall street journal
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