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Tech stocks were battered along with the wider market Friday as investors fled equities amid a worse-than-expected jobs report from the U.S. Labor Department.
Apple(AAPL Quote) was sinking another 2.8%, a day after Steve Jobs apologized to early iPhone buyers for cutting the much-hyped device's price by $200 just months after it was released. Apple also offered a $100 store credit for those buyers. The price cut, which happened Wednesday, spooked investors concerned the reason behind it could be sluggish sales.
The decline continued a difficult week for Apple shares, which lost $9.15, or 6.3% on Wednesday and Thursday. Shares were down $3.71 to $131.30 on Friday. ...
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