Originally posted by jreckoning
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SAN FRANCISCO (MarketWatch) — Apple Inc. largely got a pass from Wall Street Friday after the company missed earnings estimates, with all hopes pinned on a strong December quarter driven by the launch of several new products.
But investors took more steam from the shares anyway, sending the stock down nearly 3% by midday. Apple (US:AAPL) shares have now lost more than 15% from their peak above $700 a month ago. One of the few analysts who rate the stock as a neutral issued a note in the late morning, saying the stock “may be stalled.” Apple shares remain up more than 45% for the year.
http://articles.marketwatch.com/2012...-apple-reports
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