Apple, Microsoft Tumble On Abrupt Price Hikes Amid Chip-Crunch Contagion; Wall Street Responds

Apple, Microsoft Tumble On Abrupt Price Hikes Amid Chip-Crunch Contagion; Wall Street Responds Summary: Memory Chip Crunch Crisis May Unleash Flood Of Consumer Device Companies Hiking Prices  Microsoft Hikes Prices on Xbox  Apple Hikes Prices on Macs and iPads Wall Street Responds To Apple Hikes  Apple shares were down 5.5% in late-afternoon trading, on track for their largest intraday decline in 15 months, as the stock tumbled into correction territory. Shares are now down about 14% from their early June peak near $317. Investors appear spooked by Apple's rare overnight price hike, which boosted Mac computers...