Caution: Speed Bumps Ahead for Apple Stock

The recent dip in shares of the iPhone maker reflects more serious concerns about the company.

When Apple (symbol AAPL) unveiled the iPhone 5 in September, the phone met with the rave reviews that have become a routine part of Apple's new-product-introduction hoopla. The company set records for pre-orders and first-weekend sales of the coveted devices. Yet since then, the stock has fallen 10%.

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Elizabeth Leary
Contributing Editor, Kiplinger's Personal Finance
Elizabeth Leary (née Ody) first joined Kiplinger in 2006 as a reporter, and has held various positions on staff and as a contributor in the years since. Her writing has also appeared in Barron's, BloombergBusinessweek, The Washington Post and other outlets.