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Apple's stock has taken another downturn today as the tech sector at Nasdaq saw losses across the board. IBM, Dell, Gateway, Hewlett-Packard, and Compaq all fell as Apple also fell 9/16 to 41 1/16 or 1.35%.
As we said yesterday, Apple would have likely fallen more had Goldman Sachs not raised Apple's rating to a "Recommended Buy" two days ago.
The Mac Observer Spin: This marks the second day of lower prices for Apple's stock after a remarkable 30% rise the preceding 4 days. The stock is still up over 15% from its low last week. And anything above 40 is significantly more healthy than the 30's range Apple wallowed in for the last couple of months.
It is interesting to see Apple only mildly effected by ripples in the market. It's almost as if Wall Street thinks Apple is a real company. :-)
Apple
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