Samsung is likely accelerating the launch of its next-generation Galaxy smartphone- which may come with an unbreakable screen.
Nick Carn, founder at Carn Macro Advisors, tells CNBC that if you are a bear the Apple story is a potential Nokia story, a company that is priced for perfection and does not have much margin for error.
Laurence Capron, professor of strategy and director at INSEAD, tells CNBC that Apple needs a substantial acquisition to be able to make new inroads in an increasingly competitive market.
Danielle Hughes, Divine Capital founder and CEO, discusses how the markets are reacting to the fiscal cliff negotiations, and Apple's weakness.
These companies are making headlines after the bell Wednesday:
Apple's fundamentals remain strong, Piper Jaffray's Gene Munster says.
Apple shares plummet, leading CNBC "Fast Money" pros to call how far the stock price has left to go.
Scott Nations, Chief Investment Officer & President, NationsShares explores the reasons why Apple may have posted its biggest percentage fall since 2008. He adds that there's not much downside left for the stock.
The Dow and S&P finished higher Wednesday, boosted by a batch of upbeat economic reports and optimistic comments from China's new leader, while Apple's sharp drop pushed the Nasdaq into negative territory.
Apple is a huge drag on the Nasdaq today, with CNBC's Bertha Coombs.
This year, Lexus has changed up their advertisements by taking a stab at social media – and it’s been met with mixed reviews.
Apple fell 4 percent on heavy volume. The CEO of AT&T Mobility said 6.4 million smartphones had been sold the first two months of Q4, implying sales of about 9.4 million or so for the quarter.
IDC reports that Apple will lose market share to Google's android tablet by the end of this year. Craig Berger, FBR Capital Markets, offers insight.
Tavis McCourt, Raymond James, and Todd Haselton, TechnoBuffalo, offer insight on Apple's malaise today.
The "fiscal cliff" is to blame for Pandora's lowered revenue guidance, not increasing competition, the company's CEO Joe Kennedy said on CNBC's "Squawk on the Street" on Wednesday.
Apple stock approaches the bearish "death cross," but CNBC's "Fast Money" pros diverge on whether it's still worth buying.
Take a look at some of Wednesday's midday movers:
Apple shares fell following news that margin requirements are being raised.
Facebook shares spiked 33 percent in the month of November. Is it time to buy? The FMHR traders discuss. Also, Mike Mayo, Worth Magazine, discusses Citigroup cutting 11,000 jobs.
The bar at the Tribeca Grand was packed with New York tech scenesters. And none of them I spoke with -- or their friends -- are developing any software for the new BlackBerry.