AApl is selling at a PE of 9. Must not be growing anymore you say. But in fact sales doubled in the last two years. The pesimism is die to fear of the sales falling while actual sales keep going up. Do what I did: spend 15 minutes at the AAPL store to reconfirm that the excitement continues; called my friend in Singapore who said that the iPhone is still preferred over Samsung in Singapore. And this bought some more AAPL shares, promising myself not to check their price for 6 months!!
You are looking at the wrong data. dude. Two years ago numbers don't count. Traders only concern the past 6 to 9 months data. EPS growth in the last 3 quarters is 1% and -18% in the last quarter. EPS estimate for the current quarter is -20%. That is the reason traders are giving up on this stock. People are still buying Apple products but they have to buy a lot more than last year to show growth again. With no new product launch for over 7 months already, how can they sell more?