Apple shares drop on production rumors

Iria · Aug 1, 2007, 12:00 AM

Source: Yahoo! News
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SAN FRANCISCO (Reuters) - Apple Inc shares fell nearly 7 percent on Tuesday on rumors including talk of production cuts in iPhones or iPods.

But there was little consensus about whether there was any specific problem at the company, whose shares had risen nearly 60 percent since it announced the iPhone in early January.

Aug 1, 2007, 12:00 AM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Apple shares drop on production rumors Source: Yahoo! News _______ SAN FRANCISCO (Reuters) - Apple Inc shares fell nearly 7 percent on Tuesday on rumors including talk of production cuts in iPhones or iPods. But there was little consensus about whether there was any specific problem at the company, whose shares had risen nearly 60 percent since it announced the iPhone in early January.