iPhone News - Smartphone number of the day: $5 billion bite out of Apple news - Tue Jul 13, 2010 1:32 pm Post subject: Smartphone number of the day: $5 billion bite out of Apple
Following the Consumer Reports smack and the growing chorus of complaints, most fair, some not, over the iPhone 4 antenna issue, Apple stock drops today by:
$5.49.
$5.49 drop = $5 billion
Even for the world's largest tech company, dropping $5 billion in a day gets noticed.