Analysts Fear Slowdown in Innovation for Apple

Analysts Fear Slowdown in Innovation for Apple 300x203 Analysts Fear Slowdown in Innovation for AppleApple is now in a position that the company hasn’t experienced for quite some time.

Shares of Apple have effectively entered into a full-blown bear market. That much was clear Wednesday, in the first day of Wall Street trading after last night’s reelection of President Barack Obama.

All told, most sectors were mercilessly pounded, including leading tech stocks like Apple.

Apple bitterly shed 3 percent in a downward move that now puts Apple 20 percent lower than it’s all-time high of $705.07 recorded in mid-September.

Analysts say its a bear market for Apple, according to a report today from Mercury News.

With the iPhone 5 and new iPads out, investors see little innovation on the horizon for the company.

“For now, everything has been refreshed and all the new products are out,” Tim Ghriskey, Chief Investment Officer of Solaris Asset Management, told Reuters.”Then there are questions about whether margins have peaked at this company.”

Are you optimistic about AAPL’s performance for the remainder of 2012 or are you losing faith in the stock as well? Please weigh in with a thought or comment below.



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