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Technology Stocks : Apple Inc.
AAPL 274.45+0.1%3:59 PM EST
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To: Moonray who wrote (174984)9/24/2014 10:11:48 AM
From: Ryan Bartholomew  Read Replies (1) of 213176
 
Samsung declined 2.3 percent to 1,161,000 won, its lowest price since July 2012. The company that ships one of every four smartphones in the world has plunged 15 percent this year, wiping about $30 billion from its market value.
More decline likely to come, as they are still pricing their phones quite high and consumers are increasingly shifting to competing ones that cost much less but are often just as good. The S5 and Note 4 are a couple of the best phones on the market, but I think they need to drop the price another $100 if they want to see sales go crazy again.
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