Citi Downgrades Apple on iPhone 5 Concerns

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Dec. 17 (Bloomberg) -- In today's "Movers & Shakers," Bloomberg's Betty Liu reports that Apple shares dropped below $500 for the first time since February after Citigroup reduced its rating for the stock on concern that demand for the iPhone 5 is slowing. She speaks on Bloomberg Television's "In The Loop." (Source: Bloomberg)

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