Apple shares fall: Nasdaq major is no more a 3 trillion dollar company

livemint.com:

Apple on Thursday reported 2.3% growth in profit at $19.9 billion for the fiscal third quarter as strong performance in the services segment offset a dip in iPhone sales. Its sales declined 1.4% for the fiscal third quarter ended July 1 at $81.8 billion and earnings per share rose 5% to $1.26.

Stocks fell Friday to close out a rare losing week for Wall Street following mixed reports on the U.S. job market and two of the market's most influential stocks.

The S&P 500 sank 23.86, or 0.5%, to 4,478.03. It was the fourth straight drop for Wall Street's main measure of health after it set a 16-month high at the start of the week.

The Dow Jones Industrial Average also drifted between gains and losses through the day before ending with a loss. It dropped 150.27 points, or 0.4%, to 35,065.62, and the Nasdaq composite gave up 50.48, or 0.4%, to 13,909.24.