5 Reasons Why Apple's Drop Won't Last

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(TheStreet) -- Apple
AAPL
sent shock waves through Silicon Valley when the company reported a rare miss after markets closed on Tuesday, falling short of the consensus profit view for just the third time since 2002. Investors were shaken by the fourth-quarter numbers, particularly the gadget maker's weaker-than-anticipated iPhone sales, pushing Apple's stock down almost 4% in trading on Wednesday. The fourth-quarter results, however, should be little more than a bump in the road for Apple and its new CEO Tim Cook who stepped up to replace his iconic predecessor, Steve Jobs in August.
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