09-06-2017 19:11 via feedproxy.google.com

Apple is falling after a report the new iPhone wont be as fast as rivals (AAPL)

Apple's shares dropped nearly five percent in midday trading Friday after Bloomberg News reported that the newest iPhone won't be able to match the network speeds of its competition.
The latest generation wireless network can reach speeds as high as 1-gigabit speeds, about 100x faster than current speeds. According to Bloomberg's  Ian King, Scott Moritz and Mark Gurman, Apple has partnered with Intel for the wireless modems in its new phones, and the chip manufacturer do
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