News Headline Summary

In the early part of trade on Wall Street, Apple (AAPL) are seen down 3.75%

Analysis details (14:32)

- Some participants focus on Hon Hai, who are the world's largest contract maker of electronics were seen sharply lower at the end of their trading day, due to a broker/analyst downgrade, which has lead Apple suppliers lower on speculation shipments of the iPhone 5 may be weak next quarter.
- Also of note, UBS downgraded AAPL's prices target pre-market from USD 780 to USD 700.

14 Dec 2012 - 14:32 - Equities - Source: RANsquawk/Newswires

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