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Four Reasons Apple Won't See $700 Again
Last September was a great time to be an Apple (NASDAQ:AAPL) shareholder. The stock topped $700 capping a remarkable run in which the shares practically doubled since July 2011. Even more extraordinary much of Apple’s huge advance came after the death in October 2011 of its founding genius Steve Jobs. Nothing could stop this juggernaut it seemed. It’s been downhill ever since. From its closing peak of $702.10 Apple shares plunged by 37.4% as of last Friday when it closed at $439.88. It’s bounced back a bit but when the world’s most valuable company loses that much in just ...
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