Why Apple’s shares bounced back from last week’s fall

July 31, 2012 Posted By: Leave a comment
Rumors of new products can kill Apple sales. Rumors can also drive up the stock price

FORTUNE -- "Our weekly iPhone sales continue to be impacted by rumors and speculation regarding new products," Apple (AAPL) CEO Tim Cook told analysts last Tuesday even as his company's share price was plummeting. Apple's iPhone sales had fallen short of expectations,...

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