|Page (1) of 1 - 01/28/14||email article||print page|
Apple needs a cheaper iPhone to keep pace with low-cost rivals, analysts said, after the company's smartphone sales fell short of lofty expectations in the holiday shopping season. Shares of the world's most valuable technology company opened down 8 percent on Tuesday, a day after Apple's weak revenue forecast for the current quarter renewed fears about Chinese smartphone demand and a tepid global market.
|Apple Shares Open Lower After Muted IPhone Sales|
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