Q&A: Apple bodes ill for the bull market?


Apple, the world’s most valuable company with a $658bn market capitalisation, is losing its lustre with the stock price having fallen more than 10 per cent since mid-July, write Michael Mackenzie and Eric Platt.The maker of iPhones, iPads and Mac computers has been a stock market darling during the current bull run and dominates investment portfolios.A seven for one stock split in June 2014, resulting in a much lower price, only bolstered the appeal of owning Apple among retail investors and helped pave the way for the company being invited into the Dow Jones Industrial Average in March this year.

Källa: Q&A: Apple bodes ill for the bull market? – FT.com

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