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
, missteps on mapping software
, supply chain problems
, and increased pressure
"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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