Apple's New Chip: Too Much Fear?

Yes, the Mac maker will face some tech hassles now that Intel's inside. But investor fears that have driven down the stock are likely overblown

It's been a rough month for Apple bulls. Jitters over Apple's (AAPL) transition to Intel (INTC) processors has sliced 21% from the stock's value since Jan. 13, with the shares closing at $67.64 on Feb. 14. The thinking was, when a major switch like this occurs, glitches inevitably follow, and some buyers will delay purchases until the kinks can be worked out.

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