On Friday Apple’s stock price closed at $527.68 per share , the lowest it’s been in six months . Since September, the company has lost about 25 percent of its value from its peak of $702 per share. So what’s gone wrong? Analysts say that Apple has had a string of misfortunes lately, ranging from missed earnings estimates , management shakeups , missteps on mapping software , supply chain problems , and increased pressure from competitors. “I think it’s the perfect storm for Apple,” Van Baker, an analyst with Gartner Research, told Ars. “There’s a combination of a lot of things, and add to that, people are starting to think that Apple won’t bring out something that’s truly innovative every few years.” Read 20 remaining paragraphs | Comments
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Apple’s stock price falls to lowest point in six months
