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News 11-16-12 08:40 PM

Apple's stock price falls to lowest point in six months
 
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On Friday Apple's stock price closed at $527.68 per share, the lowest it's been in six months. Since September, the company has lost about 25 percent of its value from its peak of $702 per share. So what's gone wrong?

Analysts say that Apple has had a string of misfortunes lately, ranging from missedearnings estimates,management shakeups, missteps on mapping software, supply chain problems, and increased pressure from competitors.

"I think it's the perfect storm for Apple," Van Baker, an analyst with Gartner Research, told Ars. "There's a combination of a lot of things, and add to that, people are starting to think that Apple won't bring out something that's truly innovative every few years."

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