What we're doing here will send a giant ripple through the universe. --Steve Jobs
The market was set for a quiet start to a busy week of economic and earnings reports but news from Apple (AAPL) has cast a pall this morning. What is stunning about the AAPL news isn't that it cut orders for components, but the magnitude of the cut. According to the Wall Street Journal, Apple cut orders for iPhone 5 screens by about half. It is hard to imagine that business falling to that degree but, obviously, Samsung and Google (GOOG) are putting up a battle in the smartphone market....423 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.