Apple shares suffer longest losing streak since 1998

Daily Mail - Science & tech 

Apple's shares have suffered its longest losing streak since July 1998. Shares of the iPhone-maker posted fell 0.1% Monday for an eighth consecutive session of losses, following the company's announcement last week that iPhone sales fell for the first time ever in a quarter and revenue fell for the first time since 2003. However, Apple CEO Tim Cook told CNBC's Jim Cramer'I couldn't disagree more' when asked if the tech giant's best days were now behind it, saying claims the firm is dead were'a huge overreaction'. Apple CEO Tim Cook told CNBC's Jim Cramer'I couldn't disagree more' when asked if the tech giant's best days were now behind it. The latest share performance is Apple's longest losing streak since July 1998, according to WSJ Market Data Group.

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