Apple to Succumb in $500 Billion Market Cap Curse

Experts believe Apple stock shares may have hit their peak. According to the company’s latest quarterly earnings release, Apple (AAPL) has taken in over $54 billion in revenues, with a projected $43 billion intake for the current quarter. Shares for the company took a tumble when the earnings announcement was made and dropped an additional 11% on Thursday morning. Many companies have suffered once they hit the $500 billion cap on the market and stock experts believe that the company should re-invent itself FAST or it will continue to lose shareholders.

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Apple succumbs to the $500 billion market cap curse

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