Rotten Apple: who is responsible for Apple's stock crash?
Apple's Shares Are Approaching A Bottom Apple stock plunges 12% Apple stock slide on growth worries Can Apple’s Stock Recover Without Steve Jobs? This and similar headlines are screaming off our tablet and PC screens. The company, which has just reported the largest revenue per quarter, has seen its stock devalued over night, effectively whipping off $50 billion in market value! What is wrong with this picture? Before we attempt to answer this perplexing question let me remind you that Apple generated more revenue in one quarter than Google ( GOOG ) did in all of 2012 . As a matter of fact, Apple is getting close to generating as much revenue in one quarter as Microsoft ( MSFT ) does in an entire year. Even more daunting is the fact that Apple made over a billion dollars in profit a week for the first time ever. Profit is the money you get to keep. Or, to look at it another way, Apple generated as much profit in two weeks as Google did in their entire l