Apple’s stock price is having another queasy week, falling to a 52-week low on Monday. The drop raised questions as to whether the consumer electronics company is either undervalued — or if its sky-high earnings days are over. The stock price dipped as low as $419 on Monday, the weakest it had been since January of last year. That represents an approximately 40 percent drop from its peak of $705.07 last September. Although Apple reported record iPhone and iPad sales in its most recent earnings report, it did indicate to investors that it might not be producing record profits every quarter.
Sinking Stock May Signal End to Apple’s Glory Days
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