Apple Inc. (NASDAQ:AAPL) shares falling after AT&T CEO Ralph de la Vega statement
At the moment Apple Inc. (NASDAQ:AAPL) is falling with minus $26.72, or – 4.64%, to $549.13.It opened at 568.91.Apple Inc. (NASDAQ:AAPL) dropped from $700 to about $525 per share from 15 September to 15 November with overall loss of 25 percent .
The rapid fall may be the result of AT&T CEO Ralph de la Vega statement that they had some good Android products and AT&T has seen good acceptance of new Windows smartphones. He added that AT&T has also managed to improve its iPhone LG optinmus G and Nokia Lumia 920 sales. Moreover, AT&T has earned good revenue from its mobile data share plan and also attracted huge number of customers.
Ralph de la Vega, CEO of AT&T has announced record smartphones sales of 6.4 million in first two months of fourth quarter. He also said that the carrier is expecting 26 million smartphones sales by end of this year.Last year AT&T sold 25 million smartphones.