Apple has tumbled 20 percent since its Sept. 21 intraday high of $705.07, entering a bear market. The largest company by market value has not kept up with demand for the latest version of its iPhone; iPhones account for two-thirds of profit. Samsung and Amazon.com are also challenging Apple’s dominance in the tablet market.
Apple shares fall as competition rises, iPhone supply lags
November 08, 2012
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