Apple Inc. (NASDAQ:AAPL) Hit By Massive Lawsuit

Apple Inc. (NASDAQ:AAPL) has been sued by a consortium of Chinese writers over
alleged copyright theft. Apple Inc. (NASDAQ:AAPL) Hit By Massive Lawsuit A case
has been filed by nine well-known Chinese writers against the smartphone maker
giant Apple Inc. (NASDAQ:AAPL) over unofficial copies of their works uploaded to
Apple Inc. (NASDAQ:AAPL)'s store. The society's spokesman Bei Zhicheng told
the Nanjing Daily that the download number of one of the best-selling books is
as much as one million, which creates about one billion dollars in losses for
the writers. Apple Inc. (NASDAQ:AAPL) stocks were at 422.4 at the end of the
last days trading. Theres been a 14.2% change in the stock price over the past 3
months. Apple Inc. (NASDAQ:AAPL) Analyst Advice Consensus Opinion: Moderate Buy
Mean recommendation: 1.16 (1=Strong Buy, 5=Strong Sell) 3 Months Ago: 1.21 Zacks
Rank: 2 out of 2 in the industry