APPLE SHARES BELOW $500!!!

A major milestone has been hit on Apple's decline.

From Bloomberg:

*APPLE SHARES BELOW $500 IN PREMARKET, FIRST TIME SINCE FEBRUARY

The stock closed Friday at $509, after tumbling over 3% during the day.

Over the weekend, there were several developments, including a negative call from Citi, a bullish characterization of iPhone sales from Morgan Stanley, and an announcement that 2 million iPhone 5s were sold in China.

The stock had been falling in European trading already.

Clearly there's been a major sentiment shift on this stock.


Read more: [link to www.businessinsider.com]