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Apple: The iPhone-Price-Cut Slide Continues; Cumulative Mkt Cap Hit Tops $11 Billion (Eric Savitz/Tech Trader Daily)

September 7th, 2007 by

Apple: The iPhone-Price-Cut Slide Continues; Cumulative Mkt Cap Hit Tops $11 Billion  —  Apple’s (AAPL) decision to cut the price of the of the 8 GB iPhone by $200 is proving to be a costly one - at least to the stock’s market cap.  —  Apple shares are down again today, extending the slide into a third day.



Source:   BARRONS.com: Tech Trader Daily - Barron’s Online

Author:   Eric Savitz

Link:   http://blogs.barrons.com/techtraderdaily/2007/09/07…


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