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Apple Shares Fall Amid iPhone 4G Launch | NASDAQ: aapl

Posted on 19 July 2010

The news which circulated the market about antenna problem in the new iPhone 4G has pushed apple shares down to almost 1% in single day trading. It is expected that Apple shares will further fall to average 6% effecting the apple share holders. The market analysts reported financiere about the Apple iPhone 3G launch after which the shares market boomed to new extents and Apple became the investors’ favorite.

The iPhone 4G have definite antenna problems which need to be dealt quickly or it is expected that forecast report of apple shares would be bearish. Apple is now on the move to distribute free iPhone 4G casing which will hopefully resolve the reception problems. The NASDAQ saw 22 points addition despite low volume and unexpected NYSE trend. The backup plan for Apple seems to expand iPad market when the company today announced introduction of Apple iPad to 9 countries. It is expected that by the end of this week, Apple shares will come out of its misery by expected .9 mil. iPad sales.

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