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Technology Stocks : Apple Inc.

AAPL 278.79

-0.7%

Dec 5 9:30 AM EST

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From: Moonray	1/7/2013 4:52:29 PM
	3 Recommendations Read Replies (1) of 213173

Here's The Exact Moment (And Reason) Apple Investors Panicked By Jay Yarow \| Business Insider – 58 minutes ago In non-analyst speak, what he said was Apple's shares got hammered when the severity of the Apple Maps debacle became apparent. And, from a timing perspective, this makes a lot of sense. Apple released the iPhone 5 on September 21, which was when Apple's stock was peaking. That day the problem with Apple's Maps — which were on the iPhone 5 by default — became a mainstream story. A week later, Tim Cook apologized for Apple's awful maps. The failure in maps exposed the first truly massive hole in Apple's business. A company that was largely flawless finally had a material flaw. And that flaw gave way to the realization that Apple needs to improve its data and services business. More at: finance.yahoo.com o~~~ O

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