The downward spiral of Apple’s stock price continued in force today, with AAPL shares dropping over 3% once more to close at a 9-month low of $485.92.
The dip follows recent dubious reports claiming that Apple is facing lower-than-expected demand for the iPhone 5 – a claim which has some suspecting that this may be an attempt at stock manipulation.
Whatever the actual case, one thing is clear: Apple’s stock has never been so cheap within the past year or so. Perhaps now is a crucial time to snap up shares while they’re still so cheap!