Apple stock down on Watch concerns, iTunes outage

By | March 11, 2015

Scalper1 News

Apple (AAPL) stock fell for the second straight day since its spring product launch event on Monday, which was headlined by the Apple Watch. Apple shares dropped 1.8% to 122.24 on the stock market today. It was a day in which Apple’s online services suffered a major outage and early reviews of the Apple Watch raised possible concerns. Apple’s iTunes and App Store were down for about 11 hours on Wednesday, from just before 5 a.m. ET to shortly after 4 p.m. Customers were unable to make purchases from those stores, as well as the iBooks Store and Mac App Store. The company blamed the outage on an internal technical error, Reuters said. Apple’s system status page also reported a four-hour problem Wednesday with the company’s iCloud backup service. Meanwhile, Apple’s upcoming smartwatch was dinged by early reviews that called the device’s user interface complicated and confusing. Others said the… Scalper1 News

Scalper1 News