apple stock

AAPL Shares Drop to New 52-Week Low

Posted in Apple, News on 26/01/2013 by J. Glenn Künzler

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Apple’s stock continued it’s decline today, dropping nearly 15% since Apple revealed their quarterly earnings for the holiday 2012 quarter. The stock closed today at  $439.88, hitting a new 52-week low. The stock’s prior 52-week low was $443.14, set intraday on January 26, 2012.

Screen Shot 2013-01-25 at 5.39.00 PM

 

The stock has certainly fallen a long way from it’s high of just over $700 in September. Earlier today, Exxon dethroned Apple as the world’s most valuable company. The big question is just how much farther Apple shares will slide! Is this Apple’s new low point, or will analysts and investors finally wake up from their slumber and start buying back shares.



J. Glenn Künzler

Author

J. Glenn Künzler

Glenn is Managing Editor at MacTrast, and has been using a Mac since he bought his first MacBook Pro in 2006. Now he's up to his neck in Apple, and owns an old iBook, a 2012 iMac with an extra Thunderbolt display for good measure, a 4th-generation iPad, an iPad mini, 2 iPhones, and a Mac Mini that lives at the neighbor's house. He lives in a small town in Utah, enjoys bacon more than you can possibly imagine, and is severely addicted to pie.