Correction, 11:06 a.m. PST: This story initially misstated the day the report was released. It was Friday.
Update at 10:31 a.m. PST, with more information from the analyst report and a chart.
A J.P. Morgan analyst cut his financial estimates for Apple's fiscal second quarter and fiscal 2009 on Friday, pointing to expectations that its iPhone and Mac sales may be weaker than previously anticipated.
Apple fell as low as 7.3 percent in early morning trading Friday to $82.33 a share.
"We are lowering our estimates for the March quarter and … Read more