Electronista

Mobile News   Apple  
updated 02:00 AM EST 01.16.13
AAPL hits nine-month low; call options to blame?
In the wake of considerable media backlash over a highly-questionable Wall Street Journal story claiming that Apple had cut back orders on iPhone parts to "half" previous levels -- a claim now clearly shown to be inaccurate -- AAPL has dropped to its lowest price in nine months, closing on Tuesday at $485.92 (though it is up to almost $490 in after-hours trading). Evidence has now emerged that some investors may be deliberately trying to suppress the stock.