Apple Suffers Largest Share Price Decrease in Four Years
APPL stock value has been decreasing for weeks.
Apple has suffered its largest share price drop in four years, with the company having experienced a constant decline in stock prices since the iPad Mini and iPad 4's launch.
Share prices of the world's richest company was hit by the biggest single-day loss since December 17, 2008, due to a decrease of 6 percent. Consequently, the technology giant has lost $35 billion of its market value.
Research firm IDC had predicted that Android-powered tablets will have a market share of 42.7 percent by the end of the year, an increase from 39.8 percent. Subsequently, Apple's iPad share has decreased due to the emergence of devices based on Google's platform. Android has also considerably decreased iPhone's market share on a global scale.
Apple shares have previously seen a drop of around 18 percent from a record-high of $705.07 in September. However, American multinational financial services firm Citigroup recently stressed that the decline won't continue for much longer.

hope people keep turning from the dark side
(why yes i beleive this is my nerdiest to date)
The force is strong with this one
It's sad really :-P
http://www.valuewalk.com/2012/12/apple-inc-aapl-launch-turnout-for-ipad-mini-in-china-is-rotten/
I find it funny that this guy is blaming it on the reservation system. I also find it funny that he states the chinese customer is not interested in a smaller ipad because they already own the full sized one. Your average chinese family simply cannot afford a full sized iPad... they got for the cheapo 50-70 USD android tablets that dominate the market there from iView and similar companies..
hope people keep turning from the dark side
(why yes i beleive this is my nerdiest to date)
The force is strong with this one
First its Steve, then innovation and last would be the dear customers.
The best iPhone is still the first one,. anything after it is rehashed design and hardware.
http://www.forbes.com/sites/greatspeculations/2012/12/07/how-nokia-beat-apple-in-china/
The best iPhone was definitely not the first one, it couldn't even copy and paste!
It's sad really :-P
How about the 2% tax they paid on international profits (others do this too but doesn't make it right)
Or The holding of billions of dollars without using it. The economy requires turnover of money not static wealth accumulation.
Or their until recently complete lack of dividends.
or the CEO Tim / Jobs both being paid $1 a year + shares to avoid tax.
or Them paying for expert testimony's (again not just them but this is wrong)
Or they buy fake iPads or knockoffs (such as Hi5 phone, or Phonei phone).
I would not buy a apple product even if they made the best product in the world!
I think he was talking more about innovation, it wasn't the first smartphone available but it certainly changed the way we think of phones today, its the thing that brought 3D gaming onto a tiny device as well as a powerful OS (compared to things like the samsung operating systems at the time)
I think the last innovations from Apple were the retina displays in the iPhone 4 and iPad 3, other than that, nothing else has really popped out, but now they are both outdated by 1080p phones and the nexus 10
Android is the new PC, LInux and open source are eternal, and anything else is doomed for failure through the same natural selection that eventually kills all proprietary software:
Step 1: Make a good product
Step 2: Continually add more features so that you can charge for upgrades
Step 3: Bloated, unmaintainable code with bugs that cannot be fixed without breaking something else
Step 4: Gone, and not missed by anybody
Microsoft offered Yahoo $32 a share. Yahoo wanted something like $37. Microsoft said thanks but no thanks. Yahoo is at $19 today.
Matt Barkley returned to USC for his senior season rather than enter this past year's NFL draft where he could have been a high first round pick. His value plunged as USC had a horrible season. He lost out on possibly $15 million over the next 4 years in contract alone.
Sometimes people need to cash out to secure their profit. Holding on forever doesn't make any money.
I agree with you, China barely even buy Apple products because they are so overpriced(don't know why you said a lot of Chinese people have them though). They don't fall for Apples bullshit of paying $300 for an iPad when you can get a galaxy tab or note for so much cheaper and better.
blurr91 is right. Whatever you think of Apple, the stock market is another entity. It behaves less rationally than most want to admit. People kept betting on Apple as if they would make more and more things, overcome all other competition, and dominate all markets. The stock was bought up on the assumption that the price would rise continually. Now that the hype is wearing off, that it is becoming apparent Apple isn't magic and can't just pull things out a hat and expect people to buy them, investors are cashing out while they're ahead. In other words, Apple stock was a bubble, and that bubble is bursting. It's not as severe as a housing market bubble, or a bubble on the entire internet and PC market, but it works the same way. Honestly, no one knows how far Apple stock will fall, but it will keep losing value until Apple or its competitors give it a reason to stop falling.
The minute you think that Android (Google) is "good" and that Apple is "Bad" is the day that you as a consumer have lost. They are simply companies that provide products. Personally I dislike Apple products, but it is because I do not like the UI and design philosophy, not because they are evil. similarly I like windows based devices because they integrate well with each-other and typically play nice with other platforms, and (frankly) because it is what I am use to, but that hardly makes MS a 'good' company.
What made Apple special was that Steve Jobs had a vision, and knew how to pursue it properly. He did not market apple devices as being devices 'for everyone', he wanted to make it special, simple, and expensive, which is what he did.
Tim Cook is a good business man, in that he knows how to run the logistic side of a company. But he wants to bring apple to the masses, which will force price cuts, which will force more laxed QC, which will kill consumer interest and profits. You cannot run apple like you run any other business. Apple was built up around a certain ideal (one I personally don't care for), and to move away from that is going to bring a lot of corporate and shareholder pain.
Personally I give apple 3 years. They will either learn from their recent mistakes and pull through, or they will become the apple of the '90s who have a small cult following, but are always 2 steps behind, and 2x overpriced.