Tuesday 24 April 2012

Apple stock bolstered by demand for iPhone in China, new iPad sales

Another ugly day for Apple. The stock is down 3.4%, which is worse than the broader market, which is off ~1%. What's causing the pain? Investors are suddenly worried about iPhone sales. Qualcomm.NEW YORK -- Apple shares slipped in early trading Tuesday after AT&T Inc., the largest seller of iPhones in the U.S., reported a sharp drop in first-quarter sales compared to the holiday quarter. Apple is set to report anotherApple shares (NASDAQ:AAPL) were among the notable decliners, falling

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