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| June 24, 2013
Apple Shares Briefly Dip Below $400 For The Second Time This Year
Mirroring an overall downturn in the stock market, Apple’s share price briefly dipped below $400 in trading for the second time this year earlier today. Currently, Apple shares are trading at $404.85, down a little more than 2 percent from today's opening. And it has been quite a fall since reaching an all-time high of $705.07 last September after the successful introduction of the iPhone 5. But investors continue to worry about the company’s long-term plans, especially converning the very profitable iPhone. Even though iOS 7 has brought a new life to the mobile OS, the next-generation iPhone will apparently only sport some minor hardware upgrades, like a dual LED flash. For other recent Apple news, see: TSMC Said To Be Supplying 'A8' Chips For Apple's 2014 iOS Devices, In iOS 7, You Can Teach Siri To Pronounce Names Correctly, Apple Instructs Users On How To Reimburse IAPs Under Class Action Settlement, and Opinion: Apple Is Finally Getting Serious About Television.