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Feldman Report: Apple Takes A Tumble

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Thanks to a new aluminum design, the iPhone 5 is the "thinnest, lightest iPhone ever." This newest release is also Apple's first iPhone with a larger display (4" as compared to the 3.5" on all earlier models).

(photo credit: Justin Sullivan/Getty Images)

Thanks to a new aluminum design, the iPhone 5 is the “thinnest, lightest iPhone ever.” This newest release is also Apple’s first iPhone with a larger display (4″ as compared to the 3.5″ on all earlier models).

(photo credit: Justin Sullivan/Getty Images)

Murray Feldman (credit: WWJ) Murray Feldman
Murray Feldman anchors FOX 2 News at 5:30 and is the station’s Money...
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DETROIT (WWJ) Thursday was a mixed day on Wall Street — as the Dow closed up 46 points — and that Nasdaq lost 23.

WWJ and Fox 2 Business Editor Murray Feldman reports the big stock story today is Apple. Its stock fell on disappointing iPhone sales. But Feldman says, you may own Apple stock.

“Many funds have been loading funds on Apple lately,” Feldman said.

Do you? Check a list of mutual funds that have Apple in the portfolio HERE.

Apple lost over a third of its value since September.

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