Apple Shares Fall on Needham Downgrade
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Apple Computer Inc. shares fell Friday after Needham &amp; Co. downgraded the stock to "hold" from "buy."
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London equities  ticked lower on Thursday, with losses foe Vodafone on growing expectations that it will noit secure rights to distribute Apple&#39;s new iPhone.
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UPDATED - The assassination of Pakistan's leading challenger to the prime minister's post may be to blame for a late afternoon plummet in Apple's stock value, along with the rest of the tech sector.
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Noting fears of recession in the U.S. and declining iPod growth, analyst Shaw Wu has cut his target price on Apple stock.
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The leading share index fell Monday after a volatile trading session which saw J Sainsbury and Marks & Spencer under heavy selling pressure ahead of Christmas sales due later in the week.
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Applebee&#39;s International Inc. shares fell more than 4 percent Wednesday after the restaurant company reported weak August sales and said it expects the Olympics will hurt sales for the first week of September.
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Apple Inc  on Tuesday  forecast a quarterly profit below analysts' expectations and  posted disappointing holiday-season iPod shipments, sending its  shares down 11 percent in after hours trade on concern  consumers were cutting spending.
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Palm Inc , the maker of Treo cell phones, forecast lower-than-expected revenue amid tough competition from Research in Motion Ltd's  Blackberry and Apple Inc's  iPhone, sending its shares tumbling 12 percent on Tuesday.
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Shares of Apple Computer Inc.   on Wednesday fell to an eight-month low after a Wall Street  analyst said updated versions of the popular iPod digital music  player may be delayed.
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Apple Computer Inc. AAPL.O  shares fell 4 percent after a Needham & Co. analyst lowered his  investment rating on the stock to "hold," saying much of the  potential upside to the company's business is reflected in the  current stock price.
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Apple Computer Inc.'s blow-out  quarterly results had investors cheering on Thursday, but  Apple's profitability could weaken as the Mac and iPod maker  goes after lower-priced consumer markets that it has shunned in  its nearly 30 years of existence, analysts said.
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Blue-chip stocks fell slightly on  Monday after No. 1 retailer Wal-Mart Stores Inc. WMT.N  reported lower-than-expected Thanksgiving sales, while  technology shares were lifted by a rally in Apple Computer Inc.  AAPL.O.
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Shares in Apple fall 6.4% as long-standing market rumours on new products are confirmed.
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Leading shares closed a touch lower Monday as Wall Street was also negative amid disappointing factory data and after severe declines in Chinese stocks, with property sector losses weighing on UK blue-chips.
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After announcing record-breaking revenues and profits in its most recently concluded quarter, Apple saw its stock slide precipitously in trading today. Investors were spooked by smaller than expected forecasts, although analysts say the company's fundamentals are still sound.
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Apple's second-quarter outlook shows it might not be shockproof, and many shareholders retreat from earlier bets on AAPL. The stock drops $17.06, or nearly 11 percent, in after-hours trading.
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Business & money: Index of leading UK shares falls to lowest level since credit crunch began last August