Associated Press: “Apple stock wilts on worries about iPhone demand”

“This is a real wake-up call for Apple,” said Darren Hayes, who has been studying the shifting market conditions as chairman of the computing systems program at Pace University in New York. “They need to be more flexible in how they do things.”

“This is a real wake-up call for Apple,” said Darren Hayes, who has been studying the shifting market conditions as chairman of the computing systems program at Pace University in New York. “They need to be more flexible in how they do things.” Among other things, Hayes thinks Apple may have to reduce the financial burden on wireless carriers selling the iPhone and spend more money advertising the devices, especially with the recent wave of phones running on Microsoft Corp.’s Windows software.

Read the article by the Associated Press.

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