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