TUAW posted a story that Apple stock dropped to US$497 in pre-market trading this morning
That's the first time that the stock has been below $500 since February 15, 2012.AAPL dropped below $500 on Monday
On Sunday, Citigroup lowered its price target for AAPL and also downgraded the stock from Buy to Neutral. That bad news was tempered by a report from Apple showing that over 2 million iPhone 5s had been sold in mainland China in just three days.
