Explaining Apple's stock shock

The latest slide in Apple's share price has generated plenty of heat but history shows that every dramatic drop has been followed by a surge in earnings for Apple.

Apple’s renaissance began with the iPod. This was not evident right away however. The product was unveiled on October 23, 2001 at a time when Apple’s share price had just fallen 70 per cent from year-earlier levels. It was perhaps a good point from which one could expect a recovery to begin.

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