An enema to COOK, company is same as what it was three months ago. Cook is an Idiot CEO.
Most of shareholder purchased Apple stock when it was in couple of hundreds. Thats why they are still quite. They will be making noice when stock go down below 350. They will be demanding resignation.
Samsung is kicking there butt, plain and simple. 2nd Q yr over yr earnings are going to be down aprox 20% its already in the estimates and might get cut more. Its going a lot lower, competition has not only caught up but passed them.
Arrogant CEO , ignorant mgmt team , NO CLUE how to handle Wall street .....They should fire CEO and do somthing with money on hand ......More they loose .....MORE difficult to come back doesn't matter how good is P/E or cash in hand will be ...... Look at CISCO and Microsoft ......................There is still chance to recover but it has to happen now ...even next week will be late