InfoAnda - Apple shares tumble 4 percent in heavy trade |

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Sudan refers Chad to U.N. over air raid accusation | International | | 21 July 2009
China regrets WTO decision on auto parts | 17 December 2008
China-Canada oil deal raises political hackles in Washington | | 27 July 2012

Strike cripples life in Nepal's capital | 15 June 2009

Forum Views () Forum Replies ()

Read more with google mobile : Apple shares tumble 4 percent in heavy trade |

Edition: U.S. Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Home Business Business Home Economy Technology Media Small Business Legal Deals Earnings Social Pulse Business Video The Freeland File Aerospace & Defense Investing Simplified Markets Markets Home U.S. Markets European Markets Asian Markets Global Market Data Indices M&A Stocks Bonds Currencies Commodities Futures Funds peHUB Dividends World World Home U.S. Brazil China Euro Zone Japan Africa Mexico Russia India Insight World Video Reuters Investigates Decoder Politics Politics Home Supreme Court Politics Video Tech Technology Home MediaFile Science Tech Video Tech Tonic Social Pulse Opinion Opinion Home Chrystia Freeland John Lloyd Felix Salmon Jack Shafer David Rohde Nader Mousavizadeh Lucy P. Marcus Nicholas Wapshott Bethany McLean Anatole Kaletsky Zachary Karabell Edward Hadas Hugo Dixon Ian Bremmer Lawrence Summers Susan Glasser The Great Debate Reihan Salam Frederick Kempe Mark Leonard Breakingviews Equities Credit Private Equity M&A Macro & Markets Politics Breakingviews Video Money Money Home Tax Break Lipper Awards 2012 Global Investing MuniLand Unstructured Finance Linda Stern Mark Miller John Wasik James Saft Analyst Research Alerts Watchlist Portfolio Stock Screener Fund Screener Personal Finance Video Money Clip Investing 201 Life Health Sports Arts Faithworld Business Traveler Entertainment Oddly Enough Lifestyle Video Pictures Pictures Home Reuters Photographers Full Focus Video Reuters TV Reuters News Article Comments (3) Follow Reuters Facebook Twitter RSS YouTube Read Egypt's Mursi leaves palace as police battle protesters | 04 Dec 2012 Iran says extracts data from U.S. spy drone 10:36am EST French men not producing as much sperm 7:32am EST Citigroup cutting 11,000 jobs, taking $1 billion in charges | 12:40pm EST Clashes erupt in Egypt despite proposal to end crisis | 3:53pm EST Discussed 161 Egyptian protesters breach presidential palace cordon 138 IRS aims to clarify investment income tax under healthcare law 104 Obama’s opening ”fiscal cliff” bid seeks debt limit hike, stimulus Pictures Reuters Photojournalism Our day's top images, in-depth photo essays and offbeat slices of life. See the best of Reuters photography. See more | Photo caption Syria's displaced animals A look at animals caught in the crossfire of the Syrian civil war. Slideshow Seattle's marijuana experts Voters in Washington state approved an initiative legalizing marijuana. A look inside Canna Pi, a medical marijuana dispensary in Seattle. Slideshow Sponsored Links Apple shares tumble 4 percent in heavy trade Tweet Share this Email Print Related News Wall Street slips as investors seek cliff progress Tue, Dec 4 2012 Wall Street sours on weak domestic factory data Mon, Dec 3 2012 Wall Street edges down after recent rally; retailers weigh Mon, Nov 26 2012 Analysis & Opinion Europe’s naked short selling ban leaves investors with skin in the game The Daily didn’t fail–Rupert gave up Related Topics Investing Simplified » Tech » Hot Stocks » Asian Markets » Media » iPad » Customers gather outside an Apple store before the release of iPhone 5 in Munich early September 21, 2012. Credit: Reuters/Michael Dalder By Ryan Vlastelica and Poornima Gupta NEW YORK/SAN FRANCISCO | Wed Dec 5, 2012 12:33pm EST NEW YORK/SAN FRANCISCO (Reuters) - Shares of Apple Inc tumbled nearly 4 percent on Wednesday, rounding off a bleak ten weeks for the most valuable U.S. company, with analysts citing factors such as increasing competition in the tablet market. The stock was one of the biggest percentage losers on the S&P 500, dropping 5.2 percent to $545.56 at one point as more than 17 million shares changed hands, putting it on track to surpass the company's average daily volume over 50 days of 21 million shares. The stock's massive size meant the retreat was responsible for two-thirds of the 1.1 percent decline in the Nasdaq 100 Index on Wednesday. Analysts gave different reasons for the decline. Some cited a research report saying the company will lose share in the tablet computer space next year. Others cited reports of higher margin requirements at clearing firms, and several investors said uncertain tax rates on capital gains in 2013 prompted selling. "Depending on what happens with the (U.S. fiscal negotiations), rates could rise next year or they could stay the same," Brian Battle, director of trading at Performance Trust Capital Partners in Chicago, said. "They will not be lower, so if you're an investor who has seen gains in Apple, it is better to take those gains this year rather than next." Apple is still up 36 percent so far this year, but has been weak recently, dropping into bear market territory. The stock is now down nearly 22 percent from its all-time high of $705.07 a share of September 21. Some were perplexed at the sudden falling out of favor of the stock, which so far has been a staple in almost all growth portfolios. "Apple stock is significantly more volatile than its earnings and innovation stream," Daniel Ernst, analyst with Hudson Square Research said. "And yet the wind blows slightly from the south instead of the east one particular morning and the stock is down 6 percent." "It makes no sense. There are lines around the block for their products all around the world," he added. "No other company has that." On Wednesday, research firm International Data Corp said Apple would shed market share in the tablet computer space for all of 2012, with consumers favoring devices that run on Google's Android platform instead of Apple's popular iPad product line. Apple's worldwide tablet market share would slip to 53.8 percent in 2012 from 56.3 percent in 2011, while Android products would increase their share to 42.7 percent from 39.8 percent, IDC said. The main reason for the negative sentiment around the stock is likely concerns about new competition in the tablet market, Colin Gillis, an analyst with BGC Partners, adding that some investors who were hoping for a special dividend this year may be disappointed as time is running out. "If you were expecting special dividend by year end, that's less likely to happen because its December 5," he said. TAX SELLING Separately, Nokia is to partner with China Mobile, the world's biggest mobile operator, in a sales deal that will give the Finnish company an opportunity to win back Chinese market share from Apple's iPhone. "This is not going to be a short-term trend. This is a management test, of how well they can perform without (deceased former chief executive) Steve Jobs," said Battle. Referring to one of Apple's most recent product launches, a version of the iPad that was smaller but not a new product category, Battle said Apple would need "another home run" for shares to return to levels around $700. "They need another new product that hits it out of the park. Without that, they could get a gradual grind-down in confidence," he said. The 7.9-inch iPad mini marks Apple's first foray into the smaller-tablet segment and is the company's first major new device since the death of co-founder Jobs last year. While lines for the new iPads had appeared lighter than usual when it hit stores in November, the company said at that time that demand was so strong that it "practically sold out of iPad minis". It said it sold 3 million of its new iPads -- including the newer full-size version -- in the first three days on the market. Apple is currently ramping up the introduction of its latest iPhone 5 smartphone and smaller iPad mini tablet in international markets. The company is launching the iPhone 5 in 50 countries in December, including China and South Korea. Some analysts suggested that investors also sold shares of Apple amid uncertainty over ongoing fiscal negotiations in Washington. If no agreement is reached on the issue, higher taxes on dividends and capital gains are possible in 2013. That has prompted some investors to lock in profits now, particularly on a stock like Apple, which has posted gains of at least 25 percent for four consecutive years. Tax selling "can take a life of its own," said Tim Ghriskey, chief investment officer of Solaris Group in Bedford Hills, New York. "Some taxable investors take the gains, that creates some negative momentum, institutional investors are heavily weighted the stock and reduce exposure." (Additional reporting by Charles Mikolajczak in New York and Doris Frankel in Chicago; Editing by Bernadette Baum and Andrew Hay) Investing Simplified Tech Hot Stocks Asian Markets Media iPad Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (3) realjjj wrote: Edition: U.S. Arabic Argentina Brazil Canada China France Germany India Italy Japan Latin America Mexico Russia Spain United Kingdom Back to top Reuters.com Business Markets World Politics Technology Opinion Money Pictures Videos Site Index Legal Bankruptcy Law California Legal New York Legal Securities Law Support & Contact Support Corrections Connect with Reuters Twitter Facebook LinkedIn RSS Podcast Newsletters Mobile About Privacy Policy Terms of Use AdChoices Copyright Our Flagship financial information platform incorporating Reuters Insider An ultra-low latency infrastructure for electronic trading and data distribution A connected approach to governance, risk and compliance Our next generation legal research platform Our global tax workstation Thomsonreuters.com About Thomson Reuters Investor Relations Careers Contact Us Thomson Reuters is the world's largest international multimedia news agency, providing investing news, world news, business news, technology news, headline news, small business news, news alerts, personal finance, stock market, and mutual funds information available on Reuters.com, video, mobile, and interactive television platforms. Thomson Reuters journalists are subject to an Editorial Handbook which requires fair presentation and disclosure of relevant interests. NYSE and AMEX quotes delayed by at least 20 minutes. Nasdaq delayed by at least 15 minutes. For a complete list of exchanges and delays, please click here.

Other News on Thursday, 6 December 2012
Five dead in earthquake in eastern Iran: media reports |
NATO calls on North Korea to cancel rocket launch |
Iran says extracts data from U.S. spy drone |
No military intervention in Mali before September: U.N. peacekeeping chief |
French Prime Minister backs minister after Swiss account denial |
Cargo ship believed sunk in North Sea, rescue under way |
Younger girls forced into prostitution in economic crisis: conference |
Apple shares tumble 4 percent in heavy trade |
EU mulls more flexible online copyright law |
Instagram's Systrom coy on ad plans, user data |
Plaintiff in Mexico Yahoo case says open to a settlement |
In brewing rivalry, Instagram trims ties to Twitter |
New net rules would hit digital economy: diplomat |
Clock ticking for Yahoo appeal of $2.7 billion Mexican ruling |
Jazz pianist Dave Brubeck dead at 91 |
BBC presenter charged with indecent assaults |
Zero Dark Thirty named best film by National Board of Review |
Starz could benefit from skipping Disney deal: analysts |
Alicia Keys dethrones Rihanna from Billboard top spot |
Netflix says it won't raise prices after Disney deal |
A Minute With: Scottish DJ Calvin Harris hits big time in U.S |
Disney CFO: ESPN ad sales slightly ahead of last year |
Japanese actor who took Kabuki to the world dies at 57 |
Rivals clash as Mursi deputy seeks end to Egypt crisis |
Tanks outside Egypt presidential palace, streets calm |
Philippines finds elderly survivor after typhoon kills 332 |
China says Vietnam must stop South China Sea oil work |
German cabinet agrees to send Patriot missiles to Turkey |
Japan opposition LDP set to win solid election majority: polls |
Rare tornado kills three in New Zealand's biggest city |
Guatemala detains software guru McAfee, to expel him to Belize |
Apple's shares swallow biggest loss in four years |
Samsung files redacted copy of Apple-HTC deal in U.S. court |
U.S. agency backs Apple in essential patent battle |
Megaupload's Dotcom gains access to NZ spy records |
In brewing rivalry, Instagram trims ties to Twitter |
Mexico Yahoo plaintiffs open to settlement |
Smartphone maker HTC November sales fall 31 percent on year |
Zynga seeks real-money gambling license in Nevada |
Occupy Wall Street protester whose tweets were subpoenaed to plead guilty |
Male artists lead 2013 Grammy nominations |
Rihanna to star in own U.S. fashion reality show |
Oprah picks historical novel as book club selection |
Exclusive: New Pakistan Taliban chief emerging, will focus on Afghan fight |
Syria says chemical scare pretext for intervention |
Jordan's king visits West Bank amid settlement dispute |
Taliban claim suicide attack on Afghan spy chief |
Hitmen on hold, Israelis might talk to Meshaal |
Berlusconi party racks up tension with Italy government |
Exclusive: Iran shipping signals conceal Syria ship movements |
Bosnia gives Islamist 18 years for gun attack on U.S. embassy |
Apple's market cap falls below $500 billion as shares keep falling |
Apple to return some Mac production to U.S. in 2013: report |
AT&T joins forces with Akamai, boosts Akamai shares |
Amazon and Google start e-book sales in Brazil |
Sirius sets long-awaited buyback, dividend |
DragonWave cuts third-quarter revenue outlook on shipment delays |
Big shareholder urges Stec to consider strategic alternatives |
UK dials up virtual doctors in big telehealth push |
Beyond mobile: Telcos hook up hospitals, cars and coffeemakers |
Male artists lead 2013 Grammy nominations |
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01