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Apple suffers largest share price drop in four years

Apple suffers largest share price drop in four years

News Business

Apple share prices yesterday endured their biggest single-day loss since 17 December, 2008, with a drop of 6 per cent. The industry giant has lost $35 billion (£22 billion) of its market value in a decline ascribed to the forecasted loss of market share to Android and a drop in its Chinese user base. A recent report from influential research firm IDC predicted that Android powered tablets will have a market share of 42.7 per cent by the end of the year, which is...



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