Apple Inc (AAPL) Surges to Reclaim $500. Can It Hold? .

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January 17, 2013 - 8:56am

By InsiderMonkeyLet's talk about Apple Inc. (NASDAQ:AAPL)and its terrible, horrible, no good, very bad week.The iPhone maker started off on Monday with a brutal sell-off of over $18 (down 3.6%) on a weekend report from The Wall Street Journal that the company was reducing iPhone 5 component orders, presumably (a big presumption) due to weak demand, even though it was actually old news and hardly indicative of soft demand. Tuesday brought with it another drop of almost $16, or 3.1%, mostly on continued iPho


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