That question is on the minds of many, and it's not meant as a compliment.
"By Aabha Rathee | More Articles
January 27, 2013
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"Apple (NASDAQ:AAPL) finished the week at 52-week lows after failing to “wow” Wall Street. Revenue increased 18 percent to $54.51 billion and net income came in $13.07 billion, up from $13.06 billion a year earlier.
"Although Apple announced the highest revenues in company history and the fourth most profitable quarter of any company in history, this week’s earnings were the first time in several years Apple has not posted a double-digit earnings increase year-over-year.
"The prospects of slowed growth are making investors panic and have led to a late week selloff. Moreover, the S&P and Nasdaq are heavily weighted toward Apple, so Apple’s future will ultimately impact the strength of the current market rally.
"Some insist the latest numbers point to the fact that Apple is now a value stock instead of a growth monster. In short, many analysts are asking whether Apple is headed down Microsoft’s (NASDAQ:MSFT) path."