Apple stock back to pre-iPhone levels

Apple experienced significant stock growth thanks to the iPhone, but even Steve Jobs & Co. are susceptible to the financial doldrums. The entire tech sector is chill’n on the poop shelf and Apple’s stock is following the crowd down the hole. For the first time since January 9, 2007 – the iPhone launched on the 10thAAPL is below $85 a share. Even MacWorld might not help the stock as the fund dropped during the MacBook Pro announcements just weeks ago and took a nose dive during last years MacWorld Keynote. Still, the iPhone is going strong and recently became the best selling handheld in American history so while the stock might be in the bargain bin, someday it should regain its value. Hopefully.