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Apple shares slump 12%

Apple's shares have slumped 12% after as figures for the Christmas period showed its rocket-like growth had continued to stall.

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Christmas iPhone sales setback triggers Apple slump

Apple's share price plummeted today after the company sold two million fewer iPhones over the holiday period than had been predicted.

Apple said it sold a record 47.8 million iPhones in the quarter ending in December, but the average analyst forecast was 50 million units.

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