360° Coverage : Apple Was the Worst Performer in the S&P 500 Index Monday

1 Updates
Apple Was the Worst Performer in the S&P 500 Index Monday
market watch

Apple Was the Worst Performer in the S&P 500 Index Monday

Sep 16 2013, 1:43pm CDT | by

Apple stock continues downward trend

Apple's stock woes continue on as Apple was reportedly the worst performer in the S&P 500 index and the NASDAQ on Monday. Apple took a beating after it was reported that major Chinese carrier...

Filed under: news

YouTube Videos

 
 
 

45 weeks ago

Apple Was the Worst Performer in the S&P 500 Index Monday

Sep 16 2013, 1:43pm CDT | by

Apple stock continues downward trend

Apple's stock woes continue on as Apple was reportedly the worst performer in the S&P 500 index and the NASDAQ on Monday. Apple took a beating after it was reported that major Chinese carrier China Telecom was making customers pay more upfront for the iPhone 5.

Things aren't looking very good for Apple and the iPhone 5C in the United States. Last year when the iPhone 5 launched delivery was already two months back within the first three hours the device is available for pre-order. Delivery date for the iPhone 5C still remains Friday as of now.

That means that either Apple had a huge number of iPhone 5C devices in hand for the demand simply isn't there for the cheaper iPhone. “However, we believe the iPhone 5 had significant supply constraints at the launch date last year due to the new aluminum unibody enclosure that was difficult for suppliers to manufacture at first, while our research has not uncovered any supply constraints around the iPhone 5C,” analyst Brian White said in a note.

 

Don't miss ...

 

<a href="/latest_stories/all/all/3" rel="author">Shane McGlaun</a>
Shane is a self described car aficionado. He loves muscle cars, but also knows how green cars work. He has years of experience in testing cars and writes about cars with deeply felt emotions.

 

blog comments powered by Disqus

Latest stories

Green spaces impact birth weight positively
London, July 29 (IANS) Where expecting mothers live can also have a bearing on the birth weight of their babies as researchers have found that mothers who live near green spaces deliver babies with significantly higher birth weights.
 
 
What makes you a pessimist?
London, July 29 (IANS) Cannot see thing turning out to be all right? A hyperactive habenula, half the size of a pea in the brain that tracks predictions about negative events, could be the key, a study suggests.
 
 
Russian space 'sex geckos' are safe for now
Moscow, July 29 (IANS) There is good news for the geckos aboard the Russian Foton-M4 space satellite meant to study the effects of microgravity on sex and reproduction.
 
 
This is why dogs sniff each other's butts
New York, July 29 (IANS) You may have witnessed this scene on the road quite often but the answer to why dogs sniff each other's butts is hidden in the chemical communication at the rear end.
 
 
 

Latest from the Network

Lajja qualifies for women's 50m rifle 3 positions final
Glasgow, July 29 (IANS) Indian shooter Lajja Gauswami qualified for the women's 50-metre rifle 3 positions final at the Commonwealth Games here Tuesday. The 25-year-old Indian finished sixth with a total score of 571...
Read more on Sport Balla
 
Heavy casualties reported in China knife attack
Beijing, July 29 (IANS) Dozens of civilians were killed and a number of others injured in a knife attack in China, police said Tuesday. The killings occurred Monday morning in northwest China's Xinjiang Uygur...
Read more on Politics Balla
 
Mick Jagger celebrates 71st birthday
New York, July 29 (IANS) Singer Mick Jagger celebrated his 71st birthday with a family brunch at Hakkasan here. The Rolling Stones rocker celebrated his birthday on July 27 and was joined by eight people including his...
Read more on Celebrity Balla
 
Do or die match for India eves against South Africa
Glasgow, July 29 (IANS) After a massive 14-0 thrashing of Trinidad and Tobago, India eves will be looking to continuing their dominating form when they face South Africa in their next group match of the hockey...
Read more on Sport Balla
 
Zoe Saldana gives support and love
Zoe Saldana is able to give her husband ''support and love'' because it is in her nature. The 'Guardians of the Galaxy' actress - who is rumored to be pregnant with twins - married artist Marco Perego last year and...
Read more on Celebrity Balla
 
Lea Michele to guest star in Sons of Anarchy
Lea Michele is to guest star in 'Sons of Anarchy'. The 'Glee' actress has signed up for a cameo role in the final season of the biker drama and couldn't be happier to be making an appearance on her ''favorite'' program...
Read more on Celebrity Balla
 
Miranda Kerr learned to prioritize with parenthood
Miranda Kerr credits motherhood for teaching her to prioritize. The Australian model - who has her own skincare line, Kora Organics, and is also a health coach - says since having Flynn, her three-year-old son with...
Read more on Celebrity Balla
 
Cara Delevingne hangs out with Jack Black
Cara Delevingne has made friends with her ''idol'' Jack Black. The Burberry model has plenty of showbiz friends - including Rihanna, Rita Ora and Harry Styles - to keep her company, but now she has another name to add...
Read more on Celebrity Balla
 
US voices support for Modi vision ahead of Kerry's visit
Washington, July 29 (IANS) The US will seek to establish top level contact with the new Indian government as US Secretary of State John Kerry arrives in India Wednesday on a visit that is expected to lay the groundwork...
Read more on Politics Balla
 
Harpreet wins men's 25m rapid fire pistol silver
Glasgow, July 29 (IANS) Shooter Harpreet Singh opened India's medal count Tuesday by clinching the silver in the men's 25-metre rapid fire pistol finals at the Commonwealth Games here. Australian David Chapman won the...
Read more on Sport Balla