Apple's value dips below $1tn amid fears of iPhone sales peak
by Zoe Wood from Technology | The Guardian on (#424NY)
Investors take fright at slowing forecasts and withholding of number of handsets sold
The stock market value of Apple has dipped below $1tn (770bn) after the decision to stop revealing how many handsets it sells stoked concerns among investors that iPhone sales have peaked.
The tech company's shares fell sharply on Friday as investors digested a slowing sales picture coupled with reduced financial transparency, after management said that from now on it would withhold the key sales measure from analysts.
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