[Reuters] Apple sinks after "aggressive" iPhone pricing report

Posted by: UGN Security

[Reuters] Apple sinks after "aggressive" iPhone pricing report - 06/08/09 06:45 PM

NEW YORK (Reuters) - Shares of Apple Inc tumbled more than 3 percent to a session low of $139.57 on Monday after CNBC reported that the company would introduce "aggressively" lowered price-points for its newest iPhone.