MWC 2015 live coverage from Barcelona

Apple stock down 40 percent from September's high

apple-holiday-shopping-635.jpg
Shares of Apple hit their lowest level in more than a year on Monday, continuing a decline hastened by the company's last quarterly earnings report.

Apple Inc. stock touched as low as $419 Monday its weakest point since January 2012 before closing down 2.4 percent at $420.05.

The Cupertino, Calif., company's Jan. 23 report signaled that its fast growth phase, rare for a company of its size, may be coming to an end.

Apple's stock price peaked in September at $705.07 on the day the iPhone 5 was released. With Monday's close, the stock has dropped 40 percent from the record high.

For full coverage of the Mobile World Congress from Barcelona, visit our MWC 2015 page.

Tags:Apple

In the Stores

Don't Miss

Advertisement

Google+

Advertisement

Advertisement