Apple stock (AAPL) sinks after iPhone announcement

Apple Inc. (NASDAQ:AAPL). Last Market Price: 370.95, Change: -3.65, % Change: (-0.97%). Shares trade in the range of 368.89 - 381.80 dollars. It has a market capitalization of 343.91B dollars, making it a Large Cap Stock and has 927.09M outstandingApple stock (AAPL) fell $17 to $357 in afternoon trading. The decline for Apple stock may be due to speculation that the company would unveil a new iPhone 5 today. Apple CEO Tim Cook speaks in front of an image of an iPhone 4S at Apple headquarters

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