$26B Gone: Gravity Hits Apple At $100 A Share

I don't care who you are or how big your company is, a $26 billion hit still has to sting.

Following news of the latest security attack of Apple’s iCloud service over the weekend and news of a smartphone partnership between Samsung and Facebook (FB), Apple’s shares are under major pressure. Shares of Apple Wednesday fell $4.36, or 4.4%, to $98.94. That’s the biggest dollar decline by Apple since it lost $6.19, or 8%, to $71.17 on a split-adjusted basis on Jan. 28, 2014, according to data from Yahoo Finance.

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