Stock Price Is Catching Up With All The Disasters, Nothing More Than That..
Its been one disaster after another. First the much anticipated iPhone 5 never happened when everyone thought it was going to happen. We got iPhone 4S instead. No major breakthrough except for Siri which now is looked upon as sort of a joke. It sells well but seems like it is last hurrah. iPhone 5 comes out, still not anything epic and to add insult to injury the Maps fiasco happens w purplehazegate and scratchgate tagging along. Then key executives either quit or get booted. Next up are supply issues. Supposedly Cook is having problems managing the supply chain so now there is not enough inventory to meet demand. Then Apple is late to the party with iPad mini which is selling but they are still losing market share to Samsung, Google, Amazon and others. New catalysts like iTV seem to be vaporware. To make it even worse there are questions every day if Apple is still cool, has it lost its mojo. Add 4 earnings misses out of 6 reports and Its all very troubling.
Yes, your diatribe is a one sided argument. There has been "Apple hate" which was an intense media campaign to demean Apple. It was relentless and probably Samsung had something to do with it. It got serious after Apple won the big legal award. Meanwhile Apple is America's best company, they will innovate and recover. Remember Apple has beaten their own earnings estimates every quarter. The analysts just get carried away as they were burned in the years that Apple low balled their earnings estimate and then beat by huge margins.