Apple Not Safe From Economic Collapse
Apple’s shares fell 18% according to the Wall Street Journal. With the weakening economy, the effects are starting to be seen even more in the electronic sector.
Apple’s stock decreased $22.98, to its current state of $105.26. Morgan Stanley credits this dive, mostly due to the state of how people feel towards electronics. With PCs being at the low end of the market, they are being considered the better deal compared to Mac’s prices.
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