Apple Falls to 10 Month Low as UBS Cuts Price Target

Apple Inc. (AAPL) fell to a lowest price
in roughly 10 months after Steven Milunovich, an researcher during UBS
AG, cut his cost guess to $700 from $780, citing concern
that expansion might delayed for a iPhone and iPad.

Apple dropped (AAPL) 3.8 percent to $509.79 during a tighten in New
York, a lowest given Feb. 17. Shares of Cupertino, California-
based Apple have mislaid 27 percent given attack an intraday
record high of $705.07 on Sept. 21.

Based on checks with Apple's suppliers, Milunovich said
that a association is starting to quell prolongation of a iPhone.
In China, a newest indication of a handset, a iPhone 5, might not
sell as good the

Read full article: http://www.smh.com.au/business/markets/shares-snap-fourday-winning-streak-20121213-2batd.html

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Source:
http://www.ezonearticle.com/2012/12/14/apple-falls-to-10-month-low-as-ubs-cuts-price-target/