Wednesday, October 26, 2016
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Apple shares slide after critical iPhone 4 review
By TechUniverse
Shares of Apple Inc slid more than 3 percent on Tuesday after a poor review for its iPhone 4 from an influential consumer guide underpinned mounting complaints about the hot-selling device's antenna and reception. Consumer Reports said on Monday it could not recommend the iPhone 4 -- which sold 1.7 million units worldwide in its first three days -- after its tests confirmed concerns about signal loss when the device is held in a certain way. The widely watched nonprofit organization said AT&T Inc, the exclusive mobile phone carrier for the iPhone 4, was not necessarily the main culprit.

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