Apple needs a quarter where year over year earnings INCREASE again. When Wall Street sees that, the stock will rise. Until then, the downtrend in the stock is 100% justified. And I'm the BIGGEST Apple bull around, with nearly 70% of my lifesavings in the stock. Expect that year over year growth to begin, at the earliest, in the 2013 "Christmas quarter." I still expect $600+ by early/mid next year, and close to $750-$800 lat next year or early 2015.