Apple shares traded in Frankfurt drop 11 pct

PARIS Thu Jan 24, 2013 2:10am EST

PARIS Jan 24 (Reuters) - Shares in Apple traded in Frankfurt plunged 11 percent early, after the consumer electronics giant posted lower-than-expected revenue forecast.

Shares in Apple tumbled 10 percent to $463 in after-hours trade on Wall Street on Wednesday night, wiping out some $50 billion of its market value - nearly equivalent to that of Hewlett-Packard and Dell combined.

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