Normal 0 false false false MicrosoftInternetExplorer4 Apple Inc. (NASDAQ: AAPL) shares slipped 1.1% to $637.76. An analyst for BMO Capital lowered his iPhone shipment targets for Apple Inc.’s December quarter, citing “supply constraints.” In a note to clients on Thursday, BMO analyst Keith Bachman lowered his iPhone shipment target by four million units to 46 million. He said he expects Apple to offer a “very conservative” forecast for the quarter when it reports its results for the September period next Thursday, because of tight supply of the iPhone 5. Share volume late Thursday morning was 4.3 million. /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;}