You're watching...

Apple Shares Sink on iPhone 5 Sales

Details

  • Description

    FBN’s Nicole Petallides breaks down the stocks moving the markets.

  • Duration 1:07
  • Date

Clips

Also in this playlist...

Latest Video

Auto-advance: ON

Auto-advance

Transcript

This transcript is automatically generated

And is withers and the cult deadly days right now on how published on the floor of the New York Stock Exchange from when she is going to deliver news on apple.

I've only sold five -- -- I thought it was not good there also the stock is.

Down that's certainly talked about the estimates that we're much higher than 595 million south.

Astronomical.

Doesn't it and it is certainly was a record for the iPhone launches that we've seen in primary and prior months and years.

So this was great sales however was a bit of a disappointment and so that's what -- seen the stock selling off however it has come up off the SEC announced them not just over half a percent.

Anytime you see addicted apple and many many people take it as -- bicycle.

It dips down -- ended -- back up -- that they they bought that's what.

-- -- -- and that's right and people are doing nap because hey they did say that they are just trying to get them out fast enough to just haven't had enough.

And also you just have all -- analyst at price targets of 80900 -- There when we went on the about -- forty minutes ago when the market opened we were down 1516 bucks an apple now we're down six.

And coming back I think so.

But -- -- we will keep an honest with you thanks --