Shares of Apple briefly dipped more than 2 percent in heavy afternoon trade Friday, taking 11 points off the Dow Jones industrial average with the stock as the third-greatest contributor to declines in the index.
The iPhone maker’s shares fell to a low of $111.15 a share before closing down 1.7 percent at $112.71 a share.
Declines accelerated after a report from market research company GfK that supposedly raised concerns about sales of the latest iPhone. The findings are based on point-of-sale data in 17 countries during the launch weekend.
