Another nasty start to the day for Apple. The stock dropped to $396 this morning.
Today brought some decent news for Apple — iPhone activations at Verizon were up 25%.
There was some negative news, too — the iPad 5 might not be coming until the fall, which means Apple could go eight months or more without a big product announcement.
Apple is also cutting back Mac component orders. Looks like people don't need, or want, traditional PCs.
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