Apple Drops Again, Falls Under $400

Another nasty start to the day for Apple.

The stock dropped under $400 to $399.28.

Today brought some decent news for Apple — iPhone activations at Verizon were up 25%.

There was some negative news, too — the iPad 5 might not be coming until the fall, which means Apple could go eight months or more without a big product announcement.

Apple stock chart

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