Apple Shares Fall After Executives Let Go - kcentv.com - KCEN HD - Waco, Temple, and Killeen

Apple Shares Fall After Executives Let Go

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(KCEN) -- Apple shares slipped on Wednesday to below $600.

This comes after a major executive shakeup in the company.

Apple made a surprising management announcement late Monday, revealing that two top executives had been pushed out the door. Scott Forstall, the man responsible for the iOS software running iPhones and iPads, was one executive who was let go.

Wednesday was the first chance investors had to react to the news, because U.S. stock exchanges were closed on Monday and Tuesday due to Hurricane Sandy.

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