Apple shares down after "the New iPad" announcement

7 March, 2012 Apple

Apple Stock


Apple stock is down in an up market today, after the new iPad announcement. The drop passed 1% at the time of writing this, so we are curious about the close and the next few days.


The New iPad


Apple shares had a great run-up until the announcement and speculators are probably getting out in droves now, cashing in on handsome profit margins, especially if they bought options a month or so ago.


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