Apple shares fell below $400 for the first time since December 2011

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Apple  value of shares traded  on Wednesday dropped below $400 since December 2011. Reducing the securities of the Cupertino company which came after as a supplier of components alluded to the decline in orders.

Today the auction at the site Nasdaq, Apple shares fell by 5.23% to 403.57 dollars, which is the lowest figure for the U.S. corporation in December 2011. Cirrus Logic, which supplies audio chip for the iPhone and iPad said that sales of these chips is slowing, as customers move to the new components. It is known that Apple itself has not updated audio subsystem in new mobile devices, said Cybersecurity.

Jefferies & Co analyst Peter Misek said that suppliers of other components for the iPhone and iPad from April to June, more likely, not just point to the decline of the dynamics of orders. In addition, he noted that recently there were rumors in the industry about a possible imminent release of the updated iPad mini. The dynamics of the components of orders not yet speaks in favor of this.

Apple-stock-down-1

Nowadays, the American model of Forbes journal printed an editorial that mentioned that Apple’s now not vital to look forward to the rest new this yr. Observers imagine that the Cupertino-based totally firm is more likely to renew the iPhone and iPad, however these updates will probably be evolutionary, no longer modern. As well as, the e-newsletter calls into query the potential for producing this yr’s TV and iTV “sensible” watches iWatch.

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