Ron Burgundy Posted January 4, 2016 Share Posted January 4, 2016 By Noel Randewich SAN FRANCISCO (Reuters) - Shares of Apple Inc fell to their lowest since August on Monday following recent worries about potentially soft iPhone sales but fared better than a 2 percent drop in major indexes. At one point Apple was down 3 percent and weighed more than any other stock on U.S. indices in the first trading day of 2016 after weak Chinese economic data reignited fears of a global slowdown. Shares of Apple are down about 23 percent from record highs in April, reflecting recent worries that iPhone shipments next year could fall for the first time as fewer people replace their smartphones and following softer-than-expected demand for the most recent 6S and 6S Plus models. View the full article Quote Link to comment Share on other sites More sharing options...
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