Sr. Correspondent, Broker Research, Bangalore, India
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Sep 4, 2014
Sep 3, 2014
Sep 3, 2014
Sep 3, 2014

Apple shares slump ahead of Sept 9 iPhone launch

NEW YORK, Sept 3 (Reuters) – Apple Inc shares were
on track Wednesday for their worst day since January just days
ahead of the launch of its latest iPhone, with one brokerage
warning of a stock downgrade unless its new products show better
promise for profit growth.

Shares of the smartphone maker slumped 4 percent – its worst
percentage drop since late-January – as Apple faced scrutiny of
its security systems after photos of celebrities stored in
individual iCloud accounts were leaked online.

Sep 3, 2014
Sep 3, 2014

Apple shares stumble ahead of product launch next week

NEW YORK, Sept 3 (Reuters) – Apple Inc shares were
on track Wednesday for their worst day since January ahead of
the launch of its newest iPhone, with at least one brokerage
mulling a stock downgrade unless its new products show better
promise for profit growth.

Shares of the smartphone maker slumped 4 percent – its worst
percentage drop since late-January – as Apple faced scrutiny of
its security systems after photos of celebrities stored in
individual iCloud accounts were leaked online.

Sep 2, 2014
Sep 2, 2014
Sep 2, 2014
Aug 29, 2014
    • About Saqib

      "Saqib is Senior correspondent, Broker Research and leads a team of five reporters covering equities research. He previously worked as a producer on the Reuters Global Online desk. He joined Reuters in 2009 after graduating from the Asian College of Journalism."
      Joined Reuters:
      2009
      Languages:
      English, Hindi, Bengali
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