May 21, 2013

Apple market cap falls to one-year low, under $400bn

Apple’s market capitalisation has fallen to a one-year low as its shares fell by a further 2 percent on Monday. Apple’s market cap is now at $396.5 billion, which is its lowest valuation since the last few months of 2011.

During the past six months, Apple has experienced a near 40 percent fall in its share price.

News Source: Cnet

 

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