TECH STOCKS: Apple Slips Below $600, Netflix Retreats -

SAN FRANCISCO (MarketWatch) By Benjamin Pimentel, MarketWatch–

Technology stocks were modestly lower Monday, led by shares of Apple Inc., which slipped back below the $600 level.

Apple (AAPL) shed 3.2% to close at $583.98, as the Nasdaq Composite Index (RIXF) edged down by 0.7% to close at 3,046.

The Philadelphia Semiconductor Index (SOX) also was down a fraction.

Also in the red were shares of Netflix Inc. (NFLX), which lost 4.3% to close at $80.14.

Apple was highlighted in a lengthy report by the New York Times over the weekend, which took a look at the methods the company resorts to minimize its tax liability. The article noted these methods are used by many high-tech firms and companies in other industries…..

Read more By Benjamin Pimentel, MarketWatch***

About Josie Kopecky

A long-time Apple and Mac User & a great fan of Steve Jobs~ My professional experience is extensive in Apple Products and Technology. Personally~AlohaJosie is an islander at heart, carefree, enjoys life, loves to learn & experience new things in everything, loves to travel, definitely loves fashion, very creative, absolutely loves to take photograph of nature wherever she is... She loves her family & very grateful to have such loving friends~ Follow me at my photography website: Inspire by Aloha Josie

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