Why Apple Stock Slipped Today
Apple (NASDAQ: AAPL) wasn't necessarily a fresh and healthy stock at the end of this trading week. Its price declined by nearly 2% on Friday, which was notable for being the first day of preorders for the company's just-introduced iPhone 13 models.
The phones, which were introduced in the latest of Apple's long series of "events" earlier in the week, apparently weren't as available as intended. According to a report on CNBC published Friday morning, several holders of the company's Apple Card had difficulties with their iPhone 13 orders -- so much so that "Apple Card" became one of the top trending phrases on Twitter.
Source Fool.com