Apple share prices have tumbled following the iCloud security issue.
According to Huffington Post, shares were down by about four per cent at midday on Wednesday. Ahead of a new device launch, Apple stock had soared to new highs ahead of it, but Apple may or may not suddenly be “in disarray,” in the words of Business Insider’s Jim Edwards.
Most analysts on Wall Street still recommend investors shovel themselves some more shares of Apple. This dark-ish day will likely be forgotten by next Tuesday, when we are all distracted by Apple’s latest shiny objects, possibly including a new smartwatch. But CNN/Money’s David Goldman noted recently that Apple shares usually fall in the month after a new iPhone release.
