All items tagged with "Nightline"

ABC Nightline Looks At The Surprising Yet Swift Decline In Apple Stock [Video]

ABC Nightline Looks At The Surprising Yet Swift Decline In Apple Stock [Video]

Apple stock has reached its lowest point in five months.

Despite launching the fastest-selling iPhone to date just over a month ago, in addition to a new iPad mini that’s sure to be a big hit this Christmas, Apple is suffering from a surprising yet swift decline in stock value. Just weeks after reaching a $705 high, it now sits at its lowest price in over five months.

Many will dismiss the decline as a rare dip, confident that Apple will bounce back bigger and stronger than before. But others are questioning its ability to do so with ever increasing competition from its rivals. ABC Nightline asks whether Apple has “lost its shine.”

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Video Report From Inside Foxconn: Your iPhone Is Handmade

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ABC aired an episode of Nightline last night showing exclusive video from inside “Apple’s Chinese factories.” In the video, presenter Bob Weir explores the production lines at Foxconn. Two things really stand out. First, the place is clean. And I mean really clean. Second, the iPhone is essentially hand made, with 141 human steps needed to assemble it.

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