<p>Another nasty start to the day for <keyword id="6354427" type="CITY" weightage="60" keywordseo="Apple">Apple</keyword>. The stock dropped to $396 this morning.</p>
<p>Today brought some decent news for Apple — <a href="http://www.businessinsider.com/verizon-activated-4-million-iphones-in-the-first-quarter-2013-4">iPhone activations at Verizon were up 25%</a>.</p>
<p>There was some negative news, too — <a href="http://www.macrumors.com/2013/04/18/ipad-5-estimated-to-be-15-thinner-25-lighter-than-current-ipad/">the iPad 5 might not be coming until the fall</a>, which means Apple could go eight months or more without a big product announcement.</p>
<p>Apple is also cutting back <a href="http://www.digitimes.com/news/a20130417PD220.html">Mac component orders</a>. Looks like people don't need, or want, traditional PCs.</p>
<p><div class="image-container" style="width:620px"><div class="image"><img src="http://static2.businessinsider.com/image/517001ed6bb3f7b30700000c-811-455/screen%20shot%202013-04-18%20at%2010.23.09%20am.png?maxX=620" border="0" alt="Apple stock chart" width="620" /></div><p class="source">Yahoo Finance screenshot</p></div></p>

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BusinessInsider

Apple Shares Are Seriously Breaking Down

Another nasty start to the day for Apple. The stock dropped to $396 this morning. Today brought some decent news for Apple — iPhone activations at Verizon were up 25%. There was some negative news, too — the iPad 5 might not be coming until the fall, which means Apple could go eight months or more without a big product announcement. Apple is also cutting back Mac component orders. Looks like people don't need, or want, traditional PCs. Yahoo Finance screenshot

Another nasty start to the day for Apple. The stock dropped to $396 this morning.

Apple Shares Are Seriously Breaking Down

Jay Yarow

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